Quote of the Week

It’s only Tuesday, but I think I can call the Quote of the Week already. Chris Brooks, on who will end up bearing the cost of the externality that is the drying Salton Sea:

What typically happens is that the costs are imposed on a large, disinterested constituency – i.e. all the taxpayers of Calif. Then it’s considered a useful compromise that maximizes utility. Or at least that’s what the taxpayers are told.

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