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Water in SE Queensland

October 19th, 2005

I spoke at a Brisbane Institute seminar on water policy in South-East Queensland. My argument, consistent with my views of the mixed economy in general, is that we should try to control quantities in the short run and prices in the long run. Restrictions on low-priority uses such as those in force at present, should be the main tool for short-term demand management, but that these are likely to lose effectivness in the long-term. By contrast, prices and trade in water allocations are unsatisfactory in the short run. My other main point, which I’ve made before, we are going to have to look harder at trade between rural areas and cities.

I’ve uploaded my Powerpoint presentation
here

fn1. It was chaired by fellow-blogger Jennifer Marohasy and, though we’ve clashed a few times in the blogosphere, everything was quite pleasant in person.

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  1. Dave Ricardo
    October 20th, 2005 at 08:12 | #1

    “everything was quite pleasant in person”

    Do you mean the American quite or the English quite?

  2. lurch
    October 20th, 2005 at 13:26 | #2

    Impeccable timing Professor

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