The politicians are all in a tizzy about Raleigh’s water shortages. Maybe they could use, oh, I don’t know: PRICES!
Prices allow people to make rational responses to scarcety. Water markets are the best way to conserve water and institute prices (Duh.) Brian Balfour has pointed out on this blog before that if we go to a single payer healthcare system, our country’s medical system will mirror Raleigh’s water crisis. Markets work folks. Call it "market fundamentalism" if you like, but shortages are rarely, if ever, a problem where there is a market free of price caps, controls, and socialist rationing.