Isn't EVERY board packed with self-proclaimed economic experts?Somehow, I knew that, in a board packed with self-proclaimed economic experts, no one would know what the "Tragedy of the Commons" meant...
Isn't EVERY board packed with self-proclaimed economic experts?Somehow, I knew that, in a board packed with self-proclaimed economic experts, no one would know what the "Tragedy of the Commons" meant...
i guess its a version of the tragedy of the commonsIsn't EVERY board packed with self-proclaimed economic experts?
I wasn't familiar with the TotC, but then I've never claimed to be an economics expert. Incidentally, it's not just an economic theory. After reading about it, it's pretty much common sense: when dealing with common resources, self-interested actions work to the detriment of society as a whole. That's a lesson for kindergarten: share what belongs to the group. To take it a step further, common resources must be managed by society, often to the detriment of individual freedom. Got it. No problem.Somehow, I knew that, in a board packed with self-proclaimed economic experts, no one would know what the "Tragedy of the Commons" meant...
Even severe restrictions will not make the millions upon millions of dollars which should have been made years ago in modern agricultural equipment to make what they have conserve what they have. For those who know at least a smidgeon of economics, it has a well-known name - "The Tragedy of the Commons..."
So Cal and FL are the only 2 areas that we can get that much production from in the winter months I think.1. I was under the impression there was plenty of farm land in the U.S.
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South Texas, aka the Valley as well.So Cal and FL are the only 2 areas that we can get that much production from in the winter months I think.
It wasn't very well worded. Let me try again. The planning for this crisis should have begun at least 15 years ago, maybe 20. It would have taken millions upon millions of dollars in equipment investment to convert from sheet irrigation. That's where the TotC kicks in. Why should a farmer do that, when he looks over and his neighbor is pumping away for sheet, or, worse yet, is running booms. It's not going to happen. Only when the crunch comes and efficient irrigation becomes the only way to stay in business will real change be made, with pain for all of us. It's really the breakdown point of lassez faire economics. One slender volume which I read years ago was "Folklore of Capitalism" by Thurman Arnold. I've never looked at labels the same since. Some will consider him too far left because of his trust-busting as an assistant Attorney General, but his skeptical and iconoclastic view of standard political economics changed my views forever. (Don't know how many monopoly lovers there are out there...)I wasn't familiar with the TotC, but then I've never claimed to be an economics expert. Incidentally, it's not just an economic theory. After reading about it, it's pretty much common sense: when dealing with common resources, self-interested actions work to the detriment of society as a whole. That's a lesson for kindergarten: share what belongs to the group. To take it a step further, common resources must be managed by society, often to the detriment of individual freedom. Got it. No problem.
What threw me off was your first sentence. I've read the thing ten times and still can't make any sense of it.
Actually that's not true. South Texas has the same water problem the Central Valley of CA has, probably even worse after a few years...South Texas, aka the Valley as well.
My response wasn't that South Texas has plenty of water, it was in response to what areas of the country can grow fruits and veggies in the winter months.Actually that's not true. South Texas has the same water problem the Central Valley of CA has, probably even worse after a few years...
[text bolded by me]In my previous post, I pointed out that agriculture uses 80% of the water in California but accounts for less than 2% of the economy. So how much water does almond production alone use? More water is used in almond production than is used by all the residents and businesses of San Francisco and Los Angeles combined.