Question: Palm Springs, California, was once the playground of the rich and famousfor example, the town has a Frank Sinatra Drive, a Bob Hope Drive, and

Palm Springs, California, was once the playground of the rich and famous—for example, the town has a Frank Sinatra Drive, a Bob Hope Drive, and a Bing Crosby Drive.

The city once had a law against building any structure that could cast a shadow on anyone else’s property between 9 AM and 3 PM

(Source: Armen Alchian and William Allen.

1964. University Economics, Belmont, CA:

Wadsworth). What are some alternatives to this command and control solution? Are they any better than this approach? klo5

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