Radical environmentalists (you know, the ones who care more about bugs and weeds than humans) love the Endangered Species Act. But as you can read in this article published in the latest issue of Regulation, there are perverse incentives that actually harm the woodpeckers and mice these people care so much about. The enforcement of private property rights, rather than legislation, is the key to a pristine environment.
By the way, 96% of all species that have ever inhabited the earth have gone extinct. That's the way nature is, and it's not our business to try to prevent that.
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