Thursday, April 06, 2006

Australia starts to debate water rights...

after the Snowy Hydro sale. Par for the course really. And i doubt whether a few op-ed pieces constitute debate.
How Australia manages water, salinity and land use is a huge question that needs to be addressed, i'm not convinced in any way that a lassaiz-fair (?) 'let the market decide' approach is going to yield any benefits whatsoever (other than start the process of valuing nature's bounty) - you may as well use the same strategy for smallpox vaccine and let anyone susceptible die, sure, the end result is the same but the journey sucks...
The invisible hand and the holey ghost - pick your religion.


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