Thomas Acox

Rob Harmon: How the market can keep streams flowing

Blog Post created by Thomas Acox Employee on Dec 14, 2015

Originally posted on March 22, 2011.

 

With streams and rivers drying up because of over-usage, Rob Harmon has implemented a market mechanism to bring back the water. Farmers and beer companies find their fates intertwined in the intriguing century-old tale of Prickly Pear Creek.

 

Inevitably, students’ ears will perk up at the mention of beer and brewers…

 

Check out the video below for a great application of the importance of markets aligning self-interest with social interest.                                                                

 

                                                                             

 

Thanks to Chuck Sicotte for the pointer.

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