Comment Comment by wrong_variable Being able to "price" something requires existence of a functional market.Markets can only exist when contracts can be enforced.Being able to enforce a contract requires monitoring and ability to issue fines, you also needs appropriate laws.All of the above does not exist when it comes to ground water harvesting - especially in India and even in a police state like China. parent wrong_variable 7 years ago
Markets can only exist when contracts can be enforced.
Being able to enforce a contract requires monitoring and ability to issue fines, you also needs appropriate laws.
All of the above does not exist when it comes to ground water harvesting - especially in India and even in a police state like China.