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dc.creatorGriffin, James M.
dc.descriptionLike politics and religion, water is an emotionally charged topic about which reasonable people vehemently disagree. Some of those disagreements arise from three common misconceptions about groundwater. These misconceptions lead adherents to conclude that since the loss in artesian pressure has been quite marked in many of Texas’ key aquifers, these aquifers are facing imminent depletion and the only reasonable policy prescriptions are to limit pumping to recharge and then let regulators decide who gets to pump. Before embracing these policy prescriptions, the article asks us to consider the empirical basis for these three misconceptions and consider using the market forces of Supply and Demand to regulate water. A properly functioning water market would provide price signals of impending shortage giving regulators and the market time to make necessary adjustments.en_US
dc.publisherMosbacher Institute for Trade, Economics & Public Policyen_US
dc.relation.ispartofseriesVolume 9;Issue 2
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.subjectTexas water policyen_US
dc.subjectacquifer storageen_US
dc.subjectwater marketsen_US
dc.titleTexas Groundwater: Dispelling Some Common Misconceptionsen_US
dc.contributor.sponsorBush School of Government and Public Service

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  • The Takeaway
    Policy Briefs from the Mosbacher Institute for Trade, Economics, and Public Policy

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Attribution-NonCommercial-NoDerivs 3.0 United States
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 United States