The Solution to California’s Drought: A Free Market in Water (New at Reason)

“If you’re going to be serious about using markets to allocate water, the first thing you have to do is let the market determine the price,” says Reed Watson, the executive director at the Property and Environment Research Center, or PERC, a nonprofit think tank is based in Bozeman, Montana.

To watch the interview with Watson click above. For full text and downloadable versions, click below.

View this article.