Oh I get it. You have a linear programming model which can allow you to find the maximum benefit for humankind, which would imply shadow prices, including for the cleaner air.
On Tue, Apr 22, 2008 at 6:01 PM, Max B. Sawicky <[EMAIL PROTECTED]> wrote: > Bad example. The sun is a free good and for all practical purposes > inexhaustible. > I suggested how to do it with clean(er) air, though for a less CO2'ish > atmosphere > I'd say the demand side is not tractable. > > > > > Jim Devine wrote: > > > okay, how do you assign prices? how valuable is the Sun? > > > > On Tue, Apr 22, 2008 at 4:07 PM, Max B. Sawicky <[EMAIL PROTECTED]> > wrote: > > > > > Jim Devine wrote: > > > > > > > > > > Miracle Max mutters: > > > > > > > > > > > > > Don't ask me how this works in re: the Cambridge capital > controversy. I > > > > > wouldn't know. Maybe it just doesn't, but it wasn't clear that was > > > > > > > > > > > > Father > > > > > > > > > > > > Devine's principal objection. In any case I would say this stuff is > > > > > > > > > > > > worth > > > > > > > > > > > > measuring, somehow. > > > > > > > > > > > > > > the Camb Cap Contr, among many other things, says that the value of > > > > "capital" depends on the prices. If some piece of Nature isn't valued > > > > by capitalism, its distribution of income, the tastes it encourages > > > > people to embrace, etc., then it won't count in calculating "natural > > > > capital." > > > > > > > > (That's not exactly non-intuitive, so we don't need the Camb Cap Contr > > > > to make the point.) > > > > > > > > > > > > > > (Still muttering) But some natural capital assets are marketed and > have > > > prices. > > > For something less solid, like clean air, there is some cost of > attaining > > > it and > > > some willingness to pay. Public capital is not marketed and clearly > has > > > value. > > > What's the problem? > > > > > > > > > _______________________________________________ > > > pen-l mailing list > > > [email protected] > > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > > > > > > > > > > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
