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Re: replenishment



At 04:20 PM 4/30/02 -0400, you wrote:
Paul,
     Just because a resource is finite does not
tell us what the near term price movements for it
will be. 
At the time (1973) Nordhaus  and I were trying to predict the price 27 years in the future.  Is that a "near term price movement"?

Paul
Paul Davidson
Editor, JOURNAL OF POST KEYNESIAN ECONOMICS
Economics Department - University of Tennessee
523 SMC
Knoxville, Tennessee 37996-0550
work phone: (865) 974-4221
fax: (865) 974-4601/  (865) 974-1686
home phone and fax (865) 692-0802



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