Is more government regulation necessary to increase recycling by industrial manufacturers?  Well not according to research done by associate professor Pierre Desrochers of the University of Toronto and the Montreal Economic Institute.  Comments Desrochers: “The profit motive has always enticed industrialists to find new ways of channeling as much of their waste as possible back through the economy, instead of dumping it in the backyard, the river, or the atmosphere.  Even Karl Marx acknowledged that turning waste products into something valuable was the second best way to increase profitability after large scale production.  So the best way to promote sustainable development is to remove institutional barriers to innovation, and to encourage market-oriented reforms.”

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