To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.
By Terry L. Anderson and Pamela S. SnyderA Summary
, Terry Anderson
Water MarketsPriming the Invisible PumpTerry L. Anderson and Pamela S. Snyder
, Jane Shaw
Wall Street JournalSeptember 7, 1995 By Pamela S. Snyder and Jane S. Shaw