Episode 5: Walter E. Block (https://en.wikipedia.org/wiki/Walter_Block) is Harold E. Wirth Endowed Chair and Professor of Economics at Loyola University in New Orleans.

Here's my review of Walter's book: http://www.aguanomics.com/2017/08/review-water-capitalism.html

Walter added a comment:

"You inquired as to the difference between suing for pollution and a govt prohibition of pollution. I don’t think I did very well in answering. Let me try again.

Option A: The govt passed a law against fraud. Yet, I can still sue you for fraud if you engage in it.

Option B: The govt also passed a law against pollution. Yet, I can’t still sue you for trespass of smoke particles onto my lawn or lungs if you engage in it. In addition, the govt law has got so much else in it not analogous to its law against fraud: CAFÉ standards, carbon taxes, etc. In sharp contrast there’s no tax on fraud."

To this I clarified (and he agreed): "I think you’re clarification needs to include the (obvious) factor: the government often declares its regulation to have a monopoly, thus prohibiting private lawsuits, etc."