Property and Environment Research Center

PERC began as an intellectual collaboration between economists John Baden and Richard L. Stroup. PERC started with a simple question: "If markets can produce bread and cars, why can't they produce environmental quality?" While PERC later adopted the term "free market environmentalism," the original concept was called the New Resource Economics, which was discussed in an article by Terry Anderson in the American Journal of Agricultural Economics. As Anderson indicated in his article in the AJAE, the New Resource Economics combined neoclassical economics, property rights, public choice, and Austrian economics. Notable former board members, fellows and alumni include Tim Sheehy, Henry N. Butler, Jonathan H. Adler, Gary Libecap, Bart Wilson, Jane S. Shaw, Bruce Yandle. ==Outreach==

PERC engages in research and advocacy related to free-market environmentalism and is active on issues including endangered species, water, pollution, and public lands. PERC seeks to influence public policy by publishing guides for Congressional staff and organizing weeklong seminars for undergraduates. The organization's monthly publication, PERC Reports, regularly features articles questioning assumptions that form the basis of U.S. federal environmental law. ==References==