chapter  2
48 Pages

Environmental Quality as a Problem of Social Choice

It was once generally true that environmental quality could be purchased in the private market. As my income rose, I could confidently look forward to enjoying cleaner air, a quieter neighborhood, and most other elements of what might have been (and was) called gracious living. Now, even though my income rises, I find the private market for environmental quality closed to all but multimillionaires, and even they are worried.