Senior Fellow Randy T. Simmons, co-editor of Aquanomics, looks at the battles over water in the western United States. Thirsty citizens of growing cities, farmers, factories and environmentalists are in a fight for a natural resource that is priced arbitrarily. Its value is determined not by the free market, but by bureaucrats. Outdated government reclamation projects and water policies have put residents of the Golden State at the mercy of the weather, and of government's mandatory regulations.
"The Cheetah Generation is the new and angry generation of Africans who can see that their leadership has failed them ... They're not going to sit there and wait for governments to come and do things for them. As a matter of fact, they're not going to sit there and beg for foreign aid, because they can see that every social need in Africa is a business opportunity. The Cheetah Generation is entrepreneurial." - George Ayittey, Economist (Ghana)
Video produced by PovertyCure.Org