"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.
Jonathan Vanderhagen believes a judge doomed his son to an early death. The judge says Vanderhagen's Facebook posts were intimidating.
Navy Confirms Authenticity of UFO Videos Published by Blink-182 Frontman's Extraterrestrial Research Organization
The videos show a U.S. military jet's encounter with what appears to be a fast-moving, unidentified object.
"Controlled choice" is supposed to fix inequality in New York public schools. It might make everything worse.
The U.S. incarcerates people for petty crimes at an alarming rate.