Re: Europe, the US, and Environmentalism

[John D. Giorgis]

At 11:52 AM 7/25/01 +0200 J. van Baardwijk wrote:
>>Thus, now that Jeroen (and apparently yourself as well) has accepted the
>>*principle* of cost-benefit analysis (as in the above example), I am
>>curious if he (and you) is still willing to argue that cost-benefit
>>analyses are not generally applicable.
>
>Um, John, I never argued that cost-benefit aren't generally applicable. 
>However, with you I got the impression that you want to put an exact 
>monetary value on everything -- IOW, I got the idea that for you a 
>cost-benefit analysis is simply a calculation of positive and negative 
>amounts of money.

Not at all.  

I simply use money as a convenient and easily understood unit of value.
When making my own cost-benefit analyses for personal use, however, I
regularly use other units of value.  Usually it will be a unit of value of
my own design for convenience.   

JDG
__________________________________________________________
John D. Giorgis       -         [EMAIL PROTECTED]      -        ICQ #3527685
   We are products of the same history, reaching from Jerusalem and
 Athens to Warsaw and Washington.  We share more than an alliance.  
      We share a civilization. - George W. Bush, Warsaw, 06/15/01