Economics of Water
- The Econosaurus
- Sep 12, 2021
- 1 min read
Updated: Jul 25, 2022
This week's Planet Money podcasts have had a focus on water, in response to simultaneous drought and flooding in the US. The podcasts cover all sorts of Year 1 Micro topics such as price mechanism, shortages, externalities and government failure, but my favourite is this episode which looks at Australia's water markets and how 'water bankruptcy' might be a useful tool for dealing with water rights.