Saturday, June 25, 2011

Quotation of the Day…

Quotation of the Day…: "“[N]atural resources are not finite in any meaningful economic sense, mind-boggling though this assertion may be. The stocks of them are not fixed but rather are expanding through human ingenuity.”"
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3 comments:

  1. BrettJune 25, 2011 at 11:20 PM

    A specific natural resource or natural resources taken as a whole?

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  2. RyanJune 26, 2011 at 3:46 PM

    I think he means natural resources generally.

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  3. BrettJune 28, 2011 at 9:59 AM

    That seems more plausible to me. We've gone over this before, but I have a hard time seeing a single resource as economically infinite.

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