Re:As Groundwater Dwindles, a Food Shock Looms
by mhb on Sunday December 25, 2016 @04:34PM
(#13255519)
Should we base (US) water allocation on the electoral college outcome or the popular vote? If you think it's scary having a market determine the allocation of water, the prospect of allocating it with political currency should be terrifying.
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Re:As Groundwater Dwindles, a Food Shock Looms
by stretchwithme on Sunday December 25, 2016 @04:47PM
(#13255565)
If you look at the great resource shortages in the US in the 1970s, they really only happened because the government imposed price controls.
I remember grade school being so cold in the winter because they used gas to heat the school. The US only used domestic natural gas back then, so it couldn't be blamed on some embargo.
Re:As Groundwater Dwindles, a Food Shock Looms
by stretchwithme on Sunday December 25, 2016 @04:43PM
(#13255543)
Agreed.
If everybody in the Middle East were paying a market price for water, there would be less conflict, not more.
Instead of having to fight for a resource, they compete to sell it to you.