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75 Years of Too Cheap Water
Author(s) -
Murdoch John H.
Publication year - 2017
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.2017.tb00018.x
Subject(s) - value (mathematics) , water supply , business , natural resource economics , environmental economics , water use , environmental science , economics , environmental engineering , computer science , machine learning , biology , ecology
Murdoch admonished water providers for keeping the price of water artificially low. At one time, this was done to encourage customers to connect to water systems ‐ before they realized the benefits of treated and regulated water systems. But by 1956, the benefits were established, and Murdoch challenged water providers to reflect the value of water in charges that passed the real costs of providing that safe and adequate supply of water to their customers. To some degree, this situation continues to exist today.