The Terminator has declared a drought in the Golden Brown State.
Everyone is talking about rationing and conservation. Nobody is talking about raising prices.
Bottom Line: By using the wrong tools, politicians and bureaucrats will double the damage from the drought.
Wednesday, June 4
Making the Drought Worse
Labels: bureaucracy, drought, raise prices, rationing, resources
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1 comments:
How can you say that! I think it is morally reprehensible to charge money for water. Water resources belong to everybody and consuming water is a basic human right.
I think economists are immoral!
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