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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (121767)12/18/2003 5:53:28 PM
From: Hawkmoon  Respond to of 281500
 
Thank you for posting that.. I enjoyed reading the author's perspective..

But I thought it was rather funny how he characterized economists. I've never encountered one who believed that oil resources would simply renew themselves..

I might understand such reasoning with solid minerals, since it's primarily a matter of discovering and exploiting already acknowledged large deposits of them, or implementing recycling of metals.

But we all know that oil represents stored energy. And stored energy is destroyed once converted to work.

So I find it slightly amazing that someone, such as M.A. Adelman, would state something like that with a straight face.

Hawk