"Nature makes a drought, but Man makes a shortage." That's the trenchant slogan that the Leiden University College water resource economist David Zetland uses to sum up how bureaucratic mismanagement of supply and demand misallocates water pervasively. California's current water crisis—exacerbated by a three-year drought—is a perfect illustration of Zetland's observation. The chief problem with water is that it mostly supplied by government agencies or government-sanctioned monopolies whose prices are deliberately held below the actual costs of supplying water. Reason science correspondent Ronald Bailey explains how secure water rights and robust water markets can end water shortages.
The department will update its training to remind officers that citizens should not be arrested for exercising their First Amendment rights.
Giant Metal Monolith Discovered In Utah Desert Possibly Extraterrestrial, Definitely a Code Violation
Little gray men encounter reams of red tape.
Penguin Random House Employees Broke Down in Tears at Thought of Publishing Jordan Peterson's Next Book
"He is an icon of hate speech and transphobia."
Three more death row inmates have been scheduled to die.
Cops Who Beat and Killed an Innocent Man Are Not Entitled to Qualified Immunity, Appeals Court Rules. But the Cops Who Watched Are.
The legal doctrine provides rogue government agents cushy protections not available to the little guy.