Enviro-Capitalists: Doing Good While Doing Well is a 1997 book written by economists Terry Lee Anderson and Donald R. Leal. In this book, Anderson and Leal further developed the concept of free market environmentalism, which they first described in their 1992 book Free Market Environmentalism. The book argues that privatization of sectors like wildlife conservation, aquatic habitat development and environment friendly housing is beneficial and environmental protection should be done by private entrepreneurs, not by the federal government. Enviro-Capitalists received the 1997 Choice Outstanding Academic Book Award.
"True environmentalists, those who seek to protect the precious biological envelopes that support life and are not simply dedicated to the replacement of individual freedom with command-and-control regulation, will be encouraged to know that markets are on their side. Friends of liberty, who sometimes find themselves hard-pressed to defend markets in the face of attacks from environmentalists, will welcome the reinforcements provided by this excellent, if too-short book."
— Economist Bruce Yandle on Enviro-Capitalists: Doing Good While Doing Well
Terry L. Anderson
Terry Lee Anderson is the Excutive Director of the Property and Environment Research Center (PERC), senior fellow at the Hoover Institute, and adjunct professor at the Stanford Graduate School of Business. He has been one of the most influential figures in the free market environmentalist movement. His first major book was Free Market Environmentalism, originally published in 1991.
His work helped launch the idea of free-market environmentalism and has prompted public debate over the balance between markets and government in managing natural resources.
Donald R. Leal
Donald R. Leal is a Senior Associate at PERC, editor or author of three books, and contributing author to six books that cover various aspects of environmental policy.