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I want to see the figures, and the grades of ore that we are talking about. Why don't you diary them?

The general point still applies, and it is this: there are things that operate on a cycle, where something is produced and at the end of the cycle you are where you started, so you can do it again; then there are things that don't operate in a cycle, where something is extracted and used up. Production from a cycle is a gain, and extraction is a cost. The price of any resource should include the cost of returning the source to its original state.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Jun 27th, 2006 at 06:11:26 PM EST
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