After two decades of high-cost, low-output federal efforts to protect and improve environmental quality in the United States, the contributors to this volume argue that it is time to consider market-oriented solutions to environmental problems. Taking the Environment Seriously means learning from past experiences, initiating regulatory approaches that truly protect environmental property, and becoming serious about the business of managing and protecting environmental quality.

Contributions by: Terry L. Anderson, Daniel K. Benjamin, Brett Dalton, Paul Heyne, Donald R. Leal, Robert H. Nelson, David Riggs, Jane S. Shaw, Richard L. Stroup