Mises Daily
Author:
Philipp Bagus
Online Publish Date:
Bioethicist Garrett James Hardin, who coined the term “tragedy of the commons,” passed away this September at the age of 88. In his now famous 1968 essay, “ The Tragedy of the Commons ,” Hardin describes how common, i.e., public, property, is overused until it deteriorates or is destroyed. Because of his essay, many consider him to have fathered