Governments love to point to stuff they built with your tax dollars. But they never point to all the destroyed wealth and lost opportunities that result from those same programs and policies.
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.
Government's history of subsidizing sprawl, polluting waterways, and mismanaging public lands suggests government agents are the last people we need managing the environment.
When it comes to public policy, good outcomes depend on a good grasp of sound economics by the public.
If prices were allowed to adjust to demand, the price of using a given highway would increase when more people want to use it and decrease when fewer people want to use it.