February 12, 2014 — Reed Watson on The Jason lewis Show discusses the need for water markets to solve California’s acute water scarcity. With poor laws and institutions for allocating water rights, the government has made water a liability instead of an asset. Water users do not have the ability to find mutually beneficial and voluntary agreements for allocating the scarce resource efficiently and economically. Rather than litigate water, some groups are leasing it from other users. Additionally, the creative spirit of entrepreneurs are creating market solutions to water scarcity. Listen and learn more.
Related Content:
Water From the Desert: Entrepreneurs Tap Into Unlikely Water Sources – PERC Case Study by Reed Watson
Tapping Water Markets – Terry L. Anderson, Reed Watson, Brandon Scarborough
