Although written in 1968 ldquothe tragedy of the


Although written in 1968, “The Tragedy of the Commons,” by Garrett Hardin applies to many of the economic, political, and social struggles we are experiencing today like the debates about health care reform, deficit spending and the debt, tax reform, immigration, etc. In a short essay, explain what Hardin means by the following quotes. • “It is one of the peculiarities of the warfare between reform and the status quo that it is thoughtlessly governed by a double standard.” • “Freedom is the recognition of necessity.” In particular, what is the “double standard” and what implication does this have on the political economy and how does Hardin interpret the word “freedom” and what is its implication on the political economy?

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Business Economics: Although written in 1968 ldquothe tragedy of the
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