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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (132546)	2/12/2001 4:42:51 PM
From: TimF	Read Replies (1) \| Respond to of 1578141

"Sometimes it is rational to use up a finite resource" Tim, Can you elaborate? If you expect another resource to take its place and if the economic benefit from the first resource will make it possible to develop the 2nd resource then drawing down the 1st finite resource would make sense. If using oil allows us to enjoy a prosperous growing economy with increasing developed technology then eventually the money and the technology (combined with the growing scarcity of oil) will make it practical to use new sources of energy. I can think of other examples where drawing down scarce resources makes sense but this is the most relevant to the current discussion. One obvious one is if you are stuck in a place with a very small supply of food it probably isn't a good idea to just stop eating. Tim