How do libertarians regulate water supply and food?Submitted by RP20124ever on Mon, 08/11/2014 - 19:27
My buddy just sent me this article questioning on how Libertarians would handle water supply and food. It's written by none other than Paul Krugman: http://www.nytimes.com/2014/08/11/opinion/paul-krugman-the-l...
Phosphorus and Freedom
The Libertarian Fantasy
By PAUL KRUGMANAUG. 10, 2014
In the latest Times Magazine, Robert Draper profiled youngish libertarians — roughly speaking, people who combine free-market economics with permissive social views — and asked whether we might be heading for a “libertarian moment.” Well, probably not. Polling suggests that young Americans tend, if anything, to be more supportive of the case for a bigger government than their elders. But I’d like to ask a different question: Is libertarian economics at all realistic?
The answer is no. And the reason can be summed up in one word: phosphorus.
So how would Libertarians handle the issues above? Thanks in advance!