In this new video from ReasonTV, Reed explores the conflicts and inefficiencies inherent in the political allocation of water and offers solutions to California’s water crisis.
The Solution to California’s Drought: A Free Market in Water
"If you're going to be serious about using markets to allocate water, the first thing you have to do is let the market determine the price."
Written By
-
Reed WatsonReed Watson is the director of the Hayek Center for the Business of Prosperity and a professor of practice in the John E. Walker Department of Economics at Clemson University.
Date
Topics
Related Content
-
How Wild Horse Adoptions Conserve Public Lands and Save Millions of Dollars
The adoption incentive program is on track to place more than 30,000 animals into private homes during its first decade and save taxpayers more than $800 million in lifetime costs.
-
SCOTUS Has an Opportunity to Make NEPA Work for Conservation
PERC has filed an amicus brief urging the Supreme Court to adopt a workable interpretation of NEPA.
-
A New Idea to Conserve Public Lands
The New York Times: Conservation is a legitimate use of public lands that people should be empwoered to pursue.
