Lloyd J. Mercer is a Professor of Economics at the University of California in Santa Barbara, where he has taught for 36 years. He holds a Ph.D. from the University of Washington. ...view moreLloyd J. Mercer is a Professor of Economics at the University of California in Santa Barbara, where he has taught for 36 years. He holds a Ph.D. from the University of Washington. He has published numerous articles in the areas of economics history and water resource economics. He is also the author of "Railroads and Land Grant Policy: A Study in Government Intervention"view less