The difference between abundant chickens and endangered tigers is property rights. Chickens are owned by individuals who protect them from others; tigers are owned by "us" and protected by nobody. If you want to save the tigers, sell them.
Welcome to Econ Amore. The purpose of this blog is to provide a resource for students and educators. This website links blog posts and articles that demonstrate how basic economic concepts are being observed/applied in our world. Our criteria is simple: the articles must cover fundamental economic concepts and be short, sharp and succinct. We encourage you to rank how useful you found the post (1=Not Useful; 2=Somewhat useful; 3=OK; 4=Very useful, 5=Extremely Useful), comments are also welcomed.
Sunday, July 26, 2009
Quote of the Day
Endangered Species for Sale? by David Zetland, posting at Aguanomics
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