The War Of The Wells
Friday, January 29, 2010 - 08:49
in Earth & Climate
Water has an economic value in all its competing uses and should be recognized as an economic goodThe Dublin Statement on Water and Economic Development In a warming world, will people fight over dwindling water supplies? Will there be water wars? What has economics to teach us about this? As glaciers recede, as lakes and rivers dry up, what then of the laws of supply and demand? What then of property rights and the free ride principle*? ..........................................................The War Of The Wells read more