John B Burke
Agriculture
Capital Ideas: California’s Water “Shortage”
KEY POINTS IN THIS BRIEF: Many commentators incorrectly identify California’s historic draught, melting of its snow caps, or a handful of misguided policies as the cause of the state’s current water crisis. The cause of California’s current water crisis is the absence of scarcity pricing based on the supply and ...
Capital Ideas: California’s Water “Shortage”
KEY POINTS IN THIS BRIEF: Many commentators incorrectly identify California’s historic draught, melting of its snow caps, or a handful of misguided policies as the cause of the state’s current water crisis. The cause of California’s current water crisis is the absence of scarcity pricing based on the supply and ...
