Free markets do not resolve the tragedy of the commons. The fix is to not have commons.
For example, we are running out of fish in the ocean from overfishing. But there's no shortage of cows and chickens, despite massive consumption of them. The former is the commons, the latter is private property.
For example, we are running out of fish in the ocean from overfishing. But there's no shortage of cows and chickens, despite massive consumption of them. The former is the commons, the latter is private property.