stackyFACTSIn the arid American West, farmers are governed by antiquated 'prior appropriation' laws. If they fail to consume their maximum water allotment, their legal right to it is permanently reduced, violently incentivizing them to flood perfectly good fields just to waste water on purpose.
Keep exploring facts in this topic.
Economy →STACKY FOR IPHONEKeep discovering with Stacky. Interesting facts in an app that is always within reach.
In 1999, the Bolivian government signed a corporate contract giving a private consortium exclusive rights to the water supply of Cochabamba. This…
Discover more
Locking twelve strangers in a hotel so they don't watch the news is an expensive legal drama. Between hotel buyouts, catered meals, and around-the-clock…
Discover more
Russian Emperor Alexander the Second sold the entire territory of Alaska to the United States in 1867 for just seven point two million dollars, which equates…
Discover more
Admitting total financial defeat is actually a highly structured legal strategy. Filing for personal bankruptcy completely wipes out unsecured debts, forcing…
Discover more
Dying is complicated, but failing to tell anyone you had a policy is downright expensive. Billions of dollars in life insurance payouts sit in administrative…
Discover more
While traditional entities are legally bound to maximize shareholder returns, 'Benefit Corporations' are structurally shielded from shareholder lawsuits if…
Discover more