irrigation
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Down the Colorado
As a native Coloradan, photographer Peter McBride always wondered how long it took irrigation water from his family’s cattle ranch to reach the Colorado River and ultimately the sea. That question sent McBride (with author Jonathon Waterman) on a two-year journey to follow the water. He photographed the Colorado, mostly from the air, in an […]
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Taxpayer dollars subsidizing destruction
One way to correct market failures is tax shifting — raising taxes on activities that harm the environment so that their prices begin to reflect their true cost and offsetting this with a reduction in income taxes. A complementary way to achieve this goal is subsidy shifting. Each year the world’s taxpayers provide at least […]
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Data highlights on the global food supply
World agriculture today faces pressure from many sources. On the production side, the amount of unused arable land worldwide has dwindled. Overworked soils are becoming eroded and degraded, and overpumped aquifers are being depleted. Meanwhile, as the global population grows and increasing biofuel production converts grain into fuel for cars, demand for food continues to […]
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Our global pyramid scheme
Our mismanaged world economy today has many of the characteristics of a Ponzi scheme. A Ponzi scheme takes payments from a broad base of investors and uses these to pay off returns. It creates the illusion that it is providing a highly attractive rate of return on investment as a result of savvy investment decisions […]
