ENVIRONMENT:
Trickle-Down Economics (and We Mean Trickle)*

By Terry Anderson and Clay J. Landry

Thanks to government overregulation, the distribution of water in much of the United States is grossly inefficient. Hoover fellow Terry L. Anderson and Clay J. Landry offer a plan that would lead to more efficient water use, discourage wasteful overconsumption, and lessen the impact of droughts.

*This article is available only in the print edition of the Hoover Digest. Click here to request a free issue.

Terry Anderson, the John and Jean DeNault Senior Fellow at the Hoover Institution, is the executive director of PERC—the Property and Environment Research Center—a think tank in Bozeman, Montana, that focuses on market solutions to environmental problems, and professor emeritus at Montana State University.