Review of TANSTAAFL: A Libertarian Perspective on Environmental Policy by Edwin G. Dolan
In: New perspectives on political economy: NPPE ; a bilingual interdisciplinary journal, Band 7, Heft 2, S. 231-233
ISSN: 1801-0938
The book TANSTAAFL: A Libertarian Perspective on Environmental Policy from the American professor of economics, Edwin G. Dolan, represents an uncommon outlook on issues of environmental policy and economics. In the mysterious abbreviation TANSTAAFL, there is contained the principal motto which is pervading the whole book: "There ain't no such thing as a free lunch". According to Dolan, the TANSTAAFL principle describes a simple fact that "Everything of value has a cost. Calling something 'free' doesn't make it free, it just make it harder to trace how great the cost is and who bears it." (p. 1). The uncommonness of Dolan`s book consists not only in the libertarian view on the topics of environmental policy and in applying the TANSTAAFL approach to many environmental problems, but also in the conception of this book. The first edition of professor Dolan's book was published in 1971 (under the title TANSTAAFL: The Economic Strategy for Environmental Crisis) and now, forty years later, we can read not only an ordinary reprint of the original book, but a very actual text solving the environmental problems from today's point of view. The actual edition of TANSTAAFL is supplemented with the author`s commentaries, which are as long as the original text. The commentary to each chapter is simply organized into two subchapters: What has changed, and what has not changed.