Steve Hanke, Among Others, Has Written on This Matter

Here's a letter to the New York Times:


Bob Herbert despairs over the condition of America's water-supply infrastructure ("The Corrosion of America," Oct. 26).  But rather than simply calling for more government funding, he should – and we should – look to France.  The French have long relied heavily and successfully on the private sector to treat and deliver water.


America's much-greater reliance on government to deliver potable running water naturally holds Americans' water supply hostage to the irrationalities and absurdities of politics.  It's time that we instead rely on the allure of profits and the fear of losses – and the creativity of entrepreneurs – to ensure that our homes and businesses are well-supplied with running water.


Sincerely,

Donald J. Boudreaux



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Published on October 27, 2010 08:14
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