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Water Isn’t Always for Fightin’

by Reed Watson

Mark Twain supposedly quipped that “Whisky is for drinkin’ and water is for fightin’.” Given the recent water wars in the U.S., Twain’s statement appears to be timeless. But a new essay from PERC’s Terry Anderson and Gary Libecap suggests that water use does not always have to result in fightin’ if water markets are allowed to work.