Chapter 98 of 111 · The Freeman 1970 by Foundation for Economic Education
For the Best Interests of Man; A N. McLeod
Oil existed in abundance before our forefathers discovered it. As soon as it was discovered it be came scarce. Who can comprehend that kind of perversity? Scarcity, they have been taught, is caused hymalevolence because "science" knows enough to permit every man to live like a king! The "scarcity" that concerns Dr. McLeod is Economist and Director of Business Affairs, Institute of Paper Chemistry, Appleton, Wisconsin. the typical conservationist is usu ally that scarcity having to do with a resource that men did not have the wisdom and foresight to bring under the rules and stric tures of private property. Often these resources are psychic and aesthetic in nature and pose ex tremely difficult problems to bring them into an exchange mechanism. You and I have, in our lifetime, seen air and water· pass from a category of free goods to economic goods - in other words we have seen the metamorphosis of scarc ity. It has happened rather sud denly and our institutions are not in shape to cope with air and water as we did with land. Al though the institutional frame work is not the barrier in the case of the oceans, the system that has worked so admirably'forland isn't being given a thought for its ap plicability to oceans.
The much used phrase, "in the best interests of man," is the crux.
1970 "FOR THE BEST INTERESTS OF MAN" 675 Nothing can filter the infinite needs of man better than the mar·· ket; the market demands ex-· change, and free exchange de·· mands private property~'For this reason there can never', bea wide·· spread conservationist ,movement., To conserve - what? - somebody has to decide whether to mine coal and use pit props, or to preserve the forest and let the coal lie un-, used. The myopia of the conserva-, tionist never permits him to grasp the principle of substitution. Conservation has too many in gredients that are incompatible to each other, and that are complexly interrelated for it ever to be at tractive as a broad regulatory field. Regulatory attempts are primitive' in that the objects of their violence must be discrete and discernible, Le. airlines" railroads, farmers, post offices. The little zealous preservationist interven tions are annoying, cause some misallocation of resources, but are no great threat because the job is simply overwhelming. For ex ample, during World War II the W.P.B. chronicled the fact that there were at least 700,000 sepa rate uses for paper. Since then per capita consumption of paper has risen from' 306 pounds in 1941 to 565 pounds in 1969. Who would like to guess how many more than 700,000 ways we are using paper "today?
There is a great similarity be twe~n 'some ,'aspects' of pollution and violence. We have polluted our environment because our account ing has been in error. We have overlooked certain costs. We have assumed a costless situation that now suddenly tenders its bills, bills we acknowledge. We have made these mistakes, indulged in these abuses, because we thought they were eostless .•Recovery from pollution will be slow until we get the bills in shape and enter them into the proper accounts. So it is with violence. People are under the mistaken idea that their particular conservation (vio lence) is costless. In large part they have seen that the conserva tion in Viet Nam (a very particu lar kind of conservation - aren't they all?) is indeed not costless; and they are recoiling from, this special violence. So violence will be used (and abused) until its costs come to light., Then, as with pollution, recovery from the abuse will be slow and painful. Freedom is unthinkable for those who only think coercion. ~ IISSEIf MERRYLE STANLEY RUKEYSER IN A FREE SOCIETY we should never forget that dissent, no matter how irritating, is a symbol of liberty.
The Freeman 1970
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