On: California Imposes First-Ever Water Restrictions t...

[zkhalique]

Yeah, why isn't the price of water being raised?

[webXL → zkhalique]

Because it is government controlled mainly, and at each level (state, district, municipal) there are way too many squabbling parties that would need to agree.

I recently listened to a great EconTalk (http://www.econtalk.org/archives/2015/03/david_zetland_o.htm...) on the subject.