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> Exactly. Once again the free market to the rescue. Price the water based on supply and demand and watch how much more efficient farmers get. Ah, yes, have th
by formerkrogemp 4y ago
> Exactly. Once again the free market to the rescue. Price the water based on supply and demand and watch how much more efficient farmers get.
Ah, yes, have the government change the price and the free market will take care of everything. We need regulation and enforcement, not just a movement in decimal point and fine print for a few parties.
- usrn 4y agoRight now the price is zero because the government is giving it away for free.
- intrasight 4y agoThe price is zero because the rights holders own the water rights.
- SR2Z 4y agoWater rights are a good example of how, in practice, property rights are entirely artificial. The system of water rights needs reform.
- refurb 4y agoWho gave the water rights? Or better stated - who owned them originally?
- intrasight 4y agoNot given. Taken.