Exaggerated Impacts of Unrealistic Water Shortages

A guest post of sorts* from a group of prominent economists here in the western United States questioning the findings in a widely quoted report (pdf here) by a group from Arizona State about the potential economic impact if the Colorado River went dry: *********** A January 14th article in the Wall Street Journal reported …

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The economics of California’s drought

Jeff Michael at the University of the Pacific’s Center for Business and Policy Research summarizes data on economic recovery in California suggesting that the impact of the drought has not, at least to date, been as significant as some might suggest: Focusing just on the Central Valley, there is a geographical pattern from north to south. …

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Agricultural land, drought and taxes

The New Mexico legislature is considering a bill this year that would make it easier for farmers to maintain their “agricultural” designation, for property tax purposes, during drought. This is important for preservation of rural agricultural ways of life, because ag land taxes are cheaper than land otherwise labeled (“residential”, for example). For this reason, …

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In Brazil’s drought, compensating the poor

OtPR the other day suggested compensation as drought mitigation: If the goal is drought resilience, we could use money instead of water to keep farm communities intact until a wet year.  If it is important that farm workers in Mendota live decent lives during droughts, we don’t have to find non-existent water for their employers’ farms.  We …

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Megadrought paper: message received, now what do we do?

The new paper by Ben Cook and colleagues clarifying our understanding the risk of megadrought in the southwestern United States has rightly gotten a lot of attention. Combining paleo records and modeling of a changing climate under rising greenhouse gas scenarios, Cook and his colleagues have created some scary reading: [F]uture drought risk will likely …

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The Half Has Never Been Told

I guess it’s as good as any starting place here to say that Edward Baptist’s The Half Has Never Been Told: Slavery and the Making of American Capitalism is one of the best book’s I’ve read. I come at this from the privilege of growing up in white American suburbia. Baptist’s book suggests this is my story, that the …

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