2. During the 2000 drought, the Maplewood Country Club in New Jersey continued to water its greens. This was legal because it didn’t use reservoir water for this purpose; it drew water from its own wells. The country club put up a sign to this effect to prevent complaints from passers-by.

Was a public policy that permitted the Maplewood Country Club to act this way wise? Why or why not? What would a better policy look like? What does the Coase theorem say about whether any change in government policy should have been called for in this situation?