Thread: Economic Efficiency
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Unread 26 May 2008, 22:08   #19
All Systems Go
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Re: Economic Efficiency
Quote:
Originally Posted by Tomkat
Efficiency has nothing to do with ecological morals.
I've not mentioned morals. I'm talking about the efficient use of resources.

By efficient I mean the greatest use of resources to seate the greatest number of useful things. Making things on one side of the world to sell on the other side only makes sense if you are talking in terms the creation of money. Money, unlike oil for example, has on intrinsic use value.

If people lose faith in money them it has no value (except for burning etc), whereas the value of oil doesn't change he people stop believeing in it.
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