Last week, I was a guest on Kim Krawiec's "Taboo Trades" podcast--"a podcast about things we are not supposed to sell, but do anyway"--to discuss how tradeable rights have helped advance marine conservation. The discussion drew upon my (co-authored) article "Learning How to Fish," which had been previously published in the UCLA Journal of Environmental Law and Policy.

As we discussed, fishery conservation is a particularly good example of how property rights and markets can advance environmental goals. This is not merely a matter or economic theory, as we now have substantial empirical evidence of how the use of such tools can work.

One thing that is particularly neat about the "Taboo Trades" podcast is that it is put together by Professor Krawiec's class on "Taboo Trades" at the University of Virginia Law School. While Prof. Krawiec invites the guests, her students do most all of the questioning, which makes for a neat experience as the guest.

For those interested, the episode is available for a listen here.

The post How Property Rights and Markets Are Overcoming the Marine Tragedy of the Commons appeared first on Reason.com.

NEW YORK CITY, NY — Local terrorist Muhammad Mohammed al Muhammad shared a heart-wrenching story about how he got dirty looks while boarding the subway in a bulletproof vest after 9/11.

It is a refreshing change of pace to be able to take note of good political news these days, and it doesn't come much better than Javier Milei of Argentina scoring a mandate to continue his free market reforms:

Gustavo Cordoba, the director of the Argentine Zuban Cordoba polling firm, said he was surprised by Milei's showing and thought it reflected concern about potentially repeating the economic crises of past governments.

"Many people were willing to give the government another chance," he said. "We'll see how much time Argentine society gives the Argentine government. But the triumph is unobjectionable, unquestionable."

Cordoba said Milei's government appeared to have secured the one-third of seats it needs in the Chamber of Deputies to prevent any future presidential vetoes from being overturned by Congress. In the last few months, the opposition had overturned several Milei vetoes of spending bills he had said threatened the country's fiscal balance.

"The result is better than even the most optimistic Milei supporters were hoping for," said Marcelo Garcia, Americas director of risk consultancy Horizon Engage.

"With this result, Milei will be able to easily defend his decrees and vetoes in Congress," Garcia said, adding that allies will have more of an incentive to support a winning president. [bold added]

In an X post yesterday, Agustina Vergara Cid of the Ayn Rand Institute, who was covering the election, characterized the result as possibly "the WORST election for the Peronists IN HISTORY," and, in another post vows to help put her countryman's feet to the fire:

I'm excited for Argentina to move faster yet smartly towards economic freedom. I think most of Milei's ideas in this area are good and worth supporting.

That said, Milei has a lot to improve to become a true freedom fighter and defender of individual rights.

Because I care about freedom, I'll continue to push for Milei's government to protect individual rights across the board -- not just when it comes to economic freedom.

It will be interesting to hear what she has to say about this encouraging development on the New Ideal podcast in the near future. In the meantime, her X feed is worth a look.

-- CAV