Correct!
But also you could structure a better outcome *and make the farmers better off* by letting them keep their water rights while allowing them to sell the water.
slowboring.com/p/the-western-
Quote
Christopher Clarke
@EconChrisClarke
The Western Water economy isn't capitalist. It's Central Planning with Fuedal Characteristics. Salt Lake Basin Alfalfa contribute 0.07% to Utah's GDP. In a region of 2.8M people, why should the 20k farmers get sympathy profits for producing a low value product? We need cap n
The media could not be played.
