HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

The Solution to California's Drought: A Free Market in Water

Views:907
@ReasonVids

"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.

If California wants to ease the effects of its drought, Watson says, government should get out of the way and leave resource allocation to the market. "You have to have markets that actually work, that allow competing users to resolve their competition amicably and efficiently."

About six minutes.

Written and produced by Alex Manning. Camera by Paul Detrick.

Go to http://reason.com/reasontv for downloadable versions and subscribe to Reason TV's YouTube Channel to receive automatic notification when new material goes live.

reason magazine
,
reason foundation
,
libertarian
,
water markets
,
water rights
,
p.e.r.c.
,
property and environment research center
,
reed watson
,
water
,
california
,
drought
,
free minds
    Thumbnail for The Hidden World of Campus Conservatives10:10
    The Hidden World of Campus Conservatives
    ReasonVids
    880 views
    Thumbnail for Are You Italian0:30
    Are You Italian
    AOUisgay
    500 views
    Thumbnail for Robert K. Elder on The Last Words of The Executed8:25
    Robert K. Elder on The Last Words of The Executed
    ReasonVids
    1033 views
    Thumbnail for Caretaker of Disabled Child Humiliated in Botched Sex Sting: Don't Cops Have Better Things to Do?!2:18
    Caretaker of Disabled Child Humiliated in Botched Sex Sting: Don't Cops Have Better Things to Do?!
    ReasonVids
    896 views
    Thumbnail for Bulldog Skateboarding0:36
    Bulldog Skateboarding
    voatcatbox
    512 views
    Thumbnail for Just Can't Quit: How Far Will Smoking Bans Go?8:08
    Just Can't Quit: How Far Will Smoking Bans Go?
    ReasonVids
    871 views
    Thumbnail for I Was RIGHT About Mizuki In Genshin Impact | Doro441:00
    I Was RIGHT About Mizuki In Genshin Impact | Doro44
    invidious
    112 views
    Thumbnail for "Ideas Having Sex" A Conversation with John Tierney and Matt Ridley20:27
    "Ideas Having Sex" A Conversation with John Tierney and Matt Ridley
    ReasonVids
    918 views
    Thumbnail for Vaccine Passport0:55
    Vaccine Passport
    AOU
    2087 views
    Thumbnail for A jew preaches about jews ruling over the rest of us.1:28
    A jew preaches about jews ruling over the rest of us.
    AOUisgay
    474 views
    Thumbnail for Meanwhile, in Chinxland0:22
    Meanwhile, in Chinxland
    bestofupgoat
    436 views
    Thumbnail for No Asylum: Immigrants Locked Up in U.S. after Fleeing Violence8:23
    No Asylum: Immigrants Locked Up in U.S. after Fleeing Violence
    ReasonVids
    901 views
    Thumbnail for South Africa -blacks storm KwaDukuza CBD in KwaZulu-Natal [2021/July]0:18
    South Africa -blacks storm KwaDukuza CBD in KwaZulu-Natal [2021/July]
    godiswhite
    1129 views
    Thumbnail for Assista na íntegra o Balanço Geral 31/03/2025 | Portal FM | Fala Moçambique2:59:45
    Assista na íntegra o Balanço Geral 31/03/2025 | Portal FM | Fala Moçambique
    invidious
    122 views
    Thumbnail for Stossel: Hurricane Reconstruction4:52
    Stossel: Hurricane Reconstruction
    ReasonVids
    877 views
    Thumbnail for Drugs Win the 2020 Election!3:03
    Drugs Win the 2020 Election!
    ReasonVids
    982 views
    Thumbnail for The FDA and CDC's Coronavirus Response Is a 'Failure of Historic Proportions'34:51
    The FDA and CDC's Coronavirus Response Is a 'Failure of Historic Proportions'
    ReasonVids
    865 views
    Thumbnail for Fastest Stripper in the UK1:19
    Fastest Stripper in the UK
    AOU
    1840 views
    Thumbnail for Haitians (Guns N Roses: Patience)6:00
    Haitians (Guns N Roses: Patience)
    judenhass
    1098 views
    Thumbnail for Feeding a porcupine 0:20
    Feeding a porcupine
    bestofupgoat
    442 views
    Thumbnail for Halftime in America: Remy Chrysler Ad Parody1:26
    Halftime in America: Remy Chrysler Ad Parody
    ReasonVids
    943 views
    Thumbnail for A10 dodging anti-aircraft fire1:02
    A10 dodging anti-aircraft fire
    bestofupgoat
    248 views
    Thumbnail for Venganza | ACCIÓN | Película Completa en Español | Boxoffice | Nuevas Películas Completas en Español1:36:40
    Venganza | ACCIÓN | Película Completa en Español | Boxoffice | Nuevas Películas Completas en Español
    invidious
    62 views
    Thumbnail for The joys of electric cars0:52
    The joys of electric cars
    AOUisgay
    453 views
    Thumbnail for Check out Reason's New LA Headquarters!4:10
    Check out Reason's New LA Headquarters!
    ReasonVids
    997 views

points

Permalink
Reply
reason magazine
,
reason foundation
,
libertarian
,
water markets
,
water rights
,
p.e.r.c.
,
property and environment research center
,
reed watson
,
water
,
california
,
drought
,
free minds
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle