SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (85188)3/23/2003 2:33:49 PM
From: The Philosopher  Read Replies (2) of 281500
 
We already have expensive oil. It only seems cheap, because so much of the cost has
been externalized.

This is true, but it is equally true of every commodity. For example, if we internalized the cost of our highway system in our foods, bread would be far more expensive than it is. If we internalized the cost of road construction into medical costs, since we have to travel the roads to get to hospitals and doctors, the cost of medicines would much higher And on and on. But we do not internalize the costs of infrastructure into other commodities, so it is simply a political, not an economic, position to try to internalize it into the cost of oil.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News