Thursday, March 18, 2010

The Disaster of Land Reform in Zimbabwe

Over at the Marginal Revolution blog, friend of Cyclingprof Alex Tabarrok has a splendid account of how land reform in Zimbabwe - which took private land from white farmers and turned it into communally-owned land - has resulted in a true "tragedy of the commons." The photos Alex displays provide stark evidence of how quickly land (and water) can be degraded by bad institutional choices.

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