The Murray-Darling Basin scandal: economists have seen it coming for decades
- Written by John Quiggin, Professor, School of Economics, The University of Queensland
Nations behave wisely, Israeli foreign minister Abba Eban observed five decades ago, “once they have exhausted all other alternatives”.
One can only hope that proves the case with water policy in Australia’s Murray-Darling Basin, the nation’s largest river system and agricultural heartland.
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