Remembering Rick Stroup | Eastern North Carolina Now

    Publisher's Note: This post appears here courtesy of The James G. Martin Center. The author of this post is Jon Sanders.

    Mike Munger and Terry Anderson say farewell to a great mind (hat tip to Don Boudreaux for linking to their piece). An excerpt:

    "Rick" Stroup was one of the founders of the environmental economics movement; he was a conservationist of the first rank. "Conserving" resources requires accounting for the opportunity costs of using those resources. But in the 1970s the focus of "environmentalism" was command and control; it fell to economists such as Richard L. Stroup, John A. Baden, Terry L. Anderson, and others to point out that prices embody and enforce a concern for opportunity cost better than any alternative system.

    The essence of the environmental economics approach is the need to clarify and protect property rights. ...

    Speaking for myself, it was a blessing to have Rick in my adopted hometown of Raleigh, North Carolina for the final years of his life. Rick didn't say much in crowds, but when he did speak it was worth hearing. We hope that readers can hear the echoes of that strong voice for free markets and effective conservation in Anderson's letter, below.

    Anderson explains: "I wrote this letter after receiving the news of Rick's passing and only wish I had written it before. Rick was a mentor, friend, entrepreneur, scholar, writer, and one of the best economists I have had the privilege to know. I hope those who read it will reflect on all that Rick contributed to their lives."

Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




What Has Biden Said On Inflation? John Locke Foundation Guest Editorial, Editorials, Op-Ed & Politics Carolina Journal by Video - VI: Locke’s Andy Jackson analyzes N.C. election redistricting criteria


HbAD0

Latest Op-Ed & Politics

Barr had previously said he would jump off a bridge before supporting Trump
illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
Decision is a win for election integrity. NC should do the same.
Biden regime intends to force public school compliance as well as colleges

HbAD1

prosecutors appeal acquittal of member of parliament in lower court for posting Bible verse
Biden abuses power to turn statute on its head; womens groups to sue
The Missouri Senate approved a constitutional amendment to ban non-U.S. citizens from voting and also ban ranked-choice voting.
Democrats prosecuting political opponets just like foreign dictrators do
populist / nationalist / sovereigntist right are kingmakers for new government
18 year old boy who thinks he is girl planned to shoot up elementary school in Maryland
Biden assault on democracy continues to build as he ramps up dictatorship

HbAD2

One would think that the former Attorney General would have known better
UNC board committee votes unanimously to end DEI in UNC system
Police in the nation’s capital are not stopping illegal aliens who are driving around without license plates, according to a new report.
Davidaon County student suspended for using correct legal term for those in country illegally
Lawmakers and privacy experts on both sides of the political spectrum are sounding the alarm on a provision in a spy powers reform bill that one senator described as one of the “most terrifying expansions of government surveillance” in history
given to illegals in Mexico before they even get to US: NGOs connected to Mayorkas
committee gets enough valid signatures to force vote on removing Oakland, CA's Soros DA

HbAD3

 
Back to Top