ABSTRACT

John Krutilla and I have been friends and associates at Resources for the Future much longer than either of us cares to remember. But John’s influence on me and on my professional development started even before I knew him personally. The first economics book that I read after graduate school, other than textbooks for the courses I was teaching, was the volume that he and Otto Eckstein published in 1958: Multiple Purpose River Development: Studies in Applied Economic Analysis. It was only the second book about water resources to come out of an exciting new organization called Resources for the Future (RFF). At that time I was a fledgling assistant professor of economics at the University of New Mexico, and, among the many other pieces of luck that have been my good fortune, my department chairman there was Nathaniel Wollman, then still in the early years of his career, later one of the nation’s distinguished figures in water resources economics. He knew John, and lent me a copy of Multiple Purpose River Development.