Is there room for innovation in national forest management? In PERC's latest report, Robert Nelson proposes "charter forests" as a new management approach.
In the early twentieth century, L.A. purchased water rights by buying up farmland and conveying the water back to L.A. These purchases created a legacy of distrust and suspicion, as people began to view the trades as theft. Gary Libecap takes a second look at the L.A.-Owens Valley transfers.