The Cost of Regulation and Corporate Structure
I have come close to getting kicked out of one or two places, almost none of which involved alcohol. Among them, is the time we were touring the site of a huge earthen, “saddle” dam in Hemet , California . The series of dams being constructed would eventually create Diamond Valley Lake . This reservoir almost doubles the surface storage area of Southern California and provides a six month emergency supply in case of an earthquake. At the time we were on tour we were being apprised of the efforts being made to preserve a particular, obscure species of ground squirrel. While it was assumed that everyone present was squarely in the squirrel’s camp, I was taking an economist’s view of things. It turns out that this particular type of squirrel was so picky about its breeding parameters (I can only wish that some of people had the same instincts.) that it was well on the road to ex...