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I'm absolutely not arguing against proper water pricing, I agree that the price should be increased to try to decrease waste. I'm arguing against privatization.
by ericd 7y ago
I'm absolutely not arguing against proper water pricing, I agree that the price should be increased to try to decrease waste. I'm arguing against privatization.
Good point about the elasticity, I should have said it's very inelastic up to the point where the necessity is met, and then it becomes much more elastic.
- rayiner 7y agoPrivitization is in theory an orthogonal issue. In practice, public water entities can't be trusted to price water appropriately because they're too heavily influenced by short-term political demands.