What Elephants Teach Us

The way free markets work is slightly more complicated than what Anderson Cooper might tell you:

Kenya banned the killing of elephants in 1979, effectively nationalising its herd. At around the same time, Rhodesia (as it still was) made elephants the property of those whose land they were on.

The result? Thirty years on, Kenyan elephants have been all but wiped out, while Zimbabwe’s are as numerous as ever.

Private property rights; it's what keeps This Place from crumbling into the East River. Understand? No?

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