The Tragedy of the Squid Farms on Mars

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We’ve all heard about the tragedy of the commons.  The left apparently takes it as a reason for strong regulation, while the rest of us are out here waving our arms, screaming and going “no, no, no.  Regulation has a cost. The tragedy of the commons is not having well defined rights, like the right to property.”

(In fact we know that the more things are owned in common, or nebulously in any country, the more that country is likely to be a sh*thole.  For instance if things belong to the tribe...