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Intro Econ 4: Scarcity & Pistachios

Planet Money Summer School

CHAPTER

The Screwed Up Economics of Drought

Karen used to tap into a giant aquifer below her home, but the level is getting lower and lower. Today on Planet Money Summer School, we'll look at the screwed up economics of drought. And if you think about externalities, can you set up a system where everyone gets what they need?

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