Dean Lueck, Jonathan Yoder
In this PERC Policy Series essay, Dean Lueck and Jonathan Yoder use economics to examine wildfire management and current wildfire policy debates.
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.