The US federal government owns and administers 472,892,659 acres or 21% of the land area of the lower 48 states, the country’s largest landowner. The resource is held and managed as a collective resource, the Federal Lands, through political and bureaucratic interpretation of the Multiple Use principle and generally, the biological aim of maximum sustained-yield.…
The Federal Lands: An Economic Property Rights Perspective
The Federal Lands: An Economic Property Rights Perspective
19 Oct 2026 Leave a comment
in economics of bureaucracy, economics of regulation, law and economics, politics - USA, property rights, Public Choice, public economics Tags: tragedy of the commons
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