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Subsidizing water? Another brilliant idea from California

This one is from our friends at The Eco-libertarian, a story about how many farmers in California now allow fields to lie fallow in order to sell the water they purchase as below-market agricultural rates to drought-struck cities.

Wow. I got that all into one sentence, even if it does run on a bit.

The longer post makes more sense, grammatically speaking, but the logic still defies me.

Evolutionary biologists have saying, used whenever anyone starts to believe they've outwitted nature: "Remember, evolution is smarter than you are."

The same thing, apparently, applies to market economics.

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