Public lands already have value as nature preserves and tourist attractions. At the same time, the economic needs of ordinary human beings — which often require land development — shouldn't be ignored.
After quoting H.L. Mencken’s famous quip, “Nobody ever went broke underestimating the intelligence of the American people,” Andrews wonders, “I don’t know if old H.L. was a bookmaker, but he would have been a great one if he had been.”
You are receiving this email because of your interest in the Mises Institute.