The Motley Fool Discussion Boards
Stocks B / Berkshire Hathaway
|Subject: Re: OT: Global Water shortage.||Date: 4/22/2013 8:56 PM|
|Author: JeanDavid||Number: 201122 of 215029|
Ralph is not saying there is no problem, he is saying the problem is political or economic, not technical.
OK. I will accept that that is what he is saying. And I apologize for interpreting what he said in a different way and being too harsh.
So if your explanation of what he is saying is correct, I disagree with his position, but no longer condemn him for being heartless.
It is my view, however, that the problem is almost surely all three: political, economic, and technical. And that just makes it more difficult to solve, not less, and meanwhile, while wating for the politicians, and the moneyed people who control them, do whatever they do, selling water for over $1/gallon that used to be free or $0.01/1000 gallons, and letting poor Africans and middle-Easterners die of thirst, what is to be done?
An economist who worked at the University of Chicago, not in the economics department with Milton Friedman, but in the Law department did not find this incongruous with his view of economics because he felt the two fields were extremely close together and dealt with similar issues.
This paper of his may be illustrative of this:
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|