Andrew Wilson 11/01/2011
To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.
Steven F. Hayward 04/20/2011
By Steve Hayward
China's growing wealth and economic power means it also vested in seeing the US propser as it holds a huge amount of US debt and remains an important trading partner.
Terry Anderson, Gary Libecap 01/17/2011
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.