Water Markets: Priming the Invisible Pump
Aug 1997 · Cato Institute
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240
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About this ebook
Rain and snow may be falling today, but throughout the world people continually fear water shortages. Is there reason for such apprehension? In Water Markets: Priming the Invisible Pump, Terry L. Anderson and Pamela Snyder argue that the answer is no -- if we return control of water from government to markets. The authors document that humans are using only between 38 and 64 percent of the earth's readily available water. Nevertheless, in several poor countries of Africa and the Middle East, available water is often contaminated, producing millions of deaths each year. Anderson and Snyder argue that government control of water supplies has led to mismanagement and misallocation of water and that markets are the solution.
Rain and snow may be falling today, but throughout the world people continually fear water shortages. Is there reason for such apprehension? In Water Markets: Priming the Invisible Pump, Terry L. Anderson and Pamela Snyder argue that the answer is no -- if we return control of water from governme...
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About the author
Terry L. Anderson is the Martin and Illie Anderson Senior Fellow at the Hoover Institution, executive director of the Political Economy Research Center, and professor of economics at Montana State University.
Pamela Snyder is a former research associate at the Political Economy Research Center.
Terry L. Anderson is the Martin and Illie Anderson Senior Fellow at the Hoover Institution, executive director of the Political Economy Research Center, and professor of economics at Montana State University.
Pamela Snyder is a former research associate at the Political Economy Research Center.
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