Monday, June 27, 2005

Will the ME run out of water? :: Marginal Revolution

Not if there is a market in water. But plenty of damage, some irreversible, will be done until there is one. Pity the future generation.

Some choice quotes from Marginal Revolution:

1. "Sometimes the easiest way to trade water is inside a tomato."

2. "Desalination won't solve your problems if you live in the mountains."

3. "A 10 percent improvement in the distribution of water to agriculture would double the world's potable water supply." (This last quote, is Marginal Revolution quoting Water for Sale: How Business and the Market Can Resolve the World's Water Crisis.)

Sabbah's blog has more.

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