Selling the Public Lands
19th June 2025
The federal government owns about 640 million acres of land — some 28 percent of the land area of the United States — but according to some press reports, members of the U.S. Senate are proposing to sell 250 million of those acres. The press reports are wrong, but even if they weren’t, I can’t help but feel schadenfreude at environment groups that are going ballistic at the proposal.
Federal land aficionados all agree that the lands are enormously valuable. Yet Congress has given away most of the resources produced by those lands, including minerals, forage for domestic livestock, recreation, and water, to various special interest groups for nothing or well below their true value. As result, federal taxpayers lose roughly $10 billion per year managing the federal lands.
The 1980s saw a movement to privatize national forests (about 193 million acres) and Bureau of Land Management (about 247 million acres) lands, but it never got very far. However, I examined the arguments made by the privatizers and realized they were hard to refute. The lands were poorly managed, they said, and almost any environmentalist would agree. The politicization of federal lands meant that people fought over them rather than cooperated with one another to see that they were used for their highest values. Federal land mismanagement had bad influences on adjacent private lands. Privatization could have solved many of these problems.