Friday, November 02, 2007
California Dreamin of Water and Alfalfa
Megan at From the Archives, always with an interesting voice, discourses on ag subsidies, water and growing alfalfa in California. Two points I like: it's lots easier to move water to good soil than good soil to water; changing the subsidy structure means social disruption. When the market does it, economists call it "creative destruction", emphasis on "creative". When it's done to you, it feels an awful lot like just "destruction".