In the Wall Street Journal, Gary Libecap and Robert Glennon discuss the West's outdated water laws. A policy overhaul, they argue, would allow efficient water markets and reward conservation.
Of course I wanted to make the environment better. Doesn’t everybody?
If you can't dam, divert, or drill, it's time to consider allocating water through markets.
We hate TV, but we have a favorite show…we hate electronic eavesdropping, but we love it when it is used to capture a fiendish criminal. We love to hate it. We hate to love it.