To transcribe a meme, Bart Simpson is writing on a chalkboard, scowling; his teacher is punishing him by making him write a sentence over and over: I will no

To transcribe a meme, Bart Simpson is writing on a chalkboard, scowling; his teacher is punishing him by making him write a sentence over and over: I will not propose allocation of scarce resources by price. I will not propose allocation of scarce resources by price. I will not propose allocation of scarce resources by price. I will not propose allocation of scarce resources by price. I will not propose ... To be a little more serious: If you don't want shortages, then don't give people insane economic incentives. I think that, last time I heard, these farmers either were given rights to the water, or were being charged an insanely low price for it; but reselling the water was either forbidden or impractical; and therefore their incentive is to use as much water as they can to grow valuable but water-hungry crops and sell them. The results are predictable.