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In this provocative new book, Bruce Yandle explores the relationship between common law and environmental protection, and he discusses how people can limit environmental impact while living in a world of common access. Yandle examines today's most pressing environmental and natural resource management problems, including water quality, the ozone layer, acid rain, and access to groundwater contained in aquifers. He argues that common sense should dictate the simplest, least costly ways to address the problem of access to limited natural resources. Yandle challenges readers to invent methods for creating wealth by building appropriate institutions and enforcing intelligent laws. This book is essential reading for students and scholars of environmental economics, politics, and law.