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" "It is not always easy to define property rights. What is striking, though, is how often government legislation and court rulings have prevented the common law system from handling pollution problems even when common law seemed to be working well toward resolving them.
David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984
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Barbara Walters asked Ronald Reagan, what do you think about the Soviet Union and how much of a threat they are to us and to our freedom. And he said, ‘They’re a threat, but the biggest threat to our freedom is our own governments.’ And I agree with him. It’s governments at every level in the United States right now and in most of the world that are assaulting freedom daily.
West points out that early in the nineteenth century, the British government was quite upset about the number of working-class people who were reading political literature. The government, writes West, took ‘fiscal and legal action against the spread of newspapers, especially those critical of government.’
Many people at various points on the political spectrum have claimed that the U.S. thirst for oil is so great that, unless we change our habits (the left emphasizes conservation, and the right emphasizes drilling in the Arctic wildlife refuge and elsewhere), the U.S. government will find itself drawn into wars to maintain access. This thinking shows a fundamental misunderstanding of how energy markets work. There is no good case for going to war over oil.