PropertyProf Blog

Editor: Stephen Clowney
Univ. of Arkansas, Fayetteville

Friday, April 11, 2008

The Progressive Case for Water Markets

Jonathan Adler has an interesting post on the subject.

Ben Barros

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This strikes me as a fantastically bad idea for one major reason. If a region naturally lacks water, then that alone should be a common sense trigger not to expand its settlement beyond that natural carrying capacity.

This is similar to the same folly as locating near fault lines, volcanoes, and flood zones simply because we as humans want to.

Yes, we are a very clever and industrious species. But, thinking that we can out-engineer mother nature is terribly naive.

Encouraging settlements in areas that cannot naturally support the basic needs of such a thing (i.e. it lacks enough water) is much more short-sighted than progressive.

Posted by: Chad Emerson | Apr 12, 2008 10:49:15 AM

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