That's called shifting grounds.
Say there was no pollution and no health care costs?
Then, how can I be faulted for supplying the community with $50 million worth of goods and/or services?
Feel better?
Harry
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Bill wrote:
To an economist, the following is not controversial
How can I be faulted for supplying the community with $50 million worth of goods and/or services?
but if it costs $20 million [MBTE for example] to clean the pollution and your goods/services cause $10 million in additional health care costs, the value is $20 million. There certainly are cases where the damage to the environment is greater than the value of the products and services produced.
Bill
**************************************************** Harry Pollard Henry George School of Social Science of Los Angeles Box 655 Tujunga CA 91042 Tel: (818) 352-4141 -- Fax: (818) 353-2242 http://home.attbi.com/~haledward ****************************************************
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