NEW
Font size
WorksheetsThe State Can't Protect the Environment -- Markets Can
Total questions: 10
Worksheet time: 5mins
From context, who do you think Joseph Schumpeter, the first person mentioned by name in the article, was?
a political economist
an environmental activist
a critic of environmentalism
a philosopher of science
Which view do the authors say should be challenged?
That global warming is man-made
That environmental protection is an area only government should operate in
That market failure cannot be corrected by government action
That free markets can provide environmental solutions without government intervention
The article says "markets don't operate in a vacuum, but rather are embedded within a necessary institutional framework." Which was not listed as part of that framework?
extensive private property
a culture of voluntary exchange
laws about contracts
the banking and monetary system
The authors maintain that so-called "market failures" may just need...
more time to evolve
more consensus regulation
more academic study
more technology solutions
Which of the following were NOT mentioned as new environmental concerns brought about by the Industrial Revolution?
sparks from early rail locomotives
river damage from
early industrial processes
the need to locate and develop oil resources
the repurposing of agricultural land for factory production
The authors state that, over time, markets usually develop to assign economic value to goods, but they were blocked from developing in the area of ___.
environmental resources
green capital
"clean" industrial production
animal rights
The article says, as an example of how community pressures addressed environmental concerns before extensive government regulation, "homeowners could be shamed into building clay-lined ___."
privies
ponds
chimneys
dams
The authors describe the reaction of land owners to endangered species protection as ___.
"Shoot, shovel, and shut up."
"Conceal, don't reveal."
"Never cooperate, never placate, but never obfuscate."
"What isn't known need not be shown."
What do the authors suggest giving landowners whose property has an endangered species on it?
targeted education on the need for biodiversity
a say so regarding flexible rules over habitat preservation
ownership of the endangered animals themselves
public recognition and praise for not developing their property
The article says market arrangements that benefit owners of land with endangered species living on it are superior to the "current regulatory arrangement," which it says creates ___.
losers
resentment
corruption
special interests
