The Solution to California's Drought: A Free Market in Water
How government created an artificial shortage of our most essential resource.
How government created an artificial shortage of our most essential resource.
California's politicians and regulators are making the drought worse.
Is parched California fertile ground for property rights and prices for water?
Joel Kotkin on the causes and repercussions of the Golden State disaster.
A big El Nino is coming, or so say a lot of computer models.
Drought may force the unthinkable: resorting to property rights and markets.
Following Australia's lead on water rights and water markets would solve the state's water shortage.