Connect with us

Markets

Liquid Markets

Published

on

The Indicator From Planet Money - Podcast | Liquid Markets | featured

Liquid Markets | What do you do when there’s not enough of something to go around? A lot of economists say, “Put a price on it!” So that’s what Australia did with water. On today’s show, we continue our series on the economics of water in the driest inhabited continent on Earth.

RELATED: Currency Markets Take A Breather

Liquid Marketsspraying water sprinkler watering plant in farm against sunset light-Liquid Markets

Australia’s Murray-Darling Basin has one of the world’s most advanced water markets. Water can be bought by the highest bidder. In theory, this means water goes to its best use. But local farmers like Carly Marriott are frustrated by high water prices.

So what happens when dry economic theory meets sloshy, sloppy reality?

You Might Also Like:

Keep up to date with the latest finance news by following us on Facebook and Instagram.

Raven_Steel_Ad-V2
free-gold-bar-desktop
Click to comment

Leave a Reply

Your email address will not be published.

Subscribe To Our Newsletter:

Raven Steelworks
Free Gold Offer

Copyright © 2020 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]