The importance of nonmarket valuation
A macroeconomist might value the damages at $18,000:
Authorities say a gasoline tanker spilled 6,000 gallons of fuel and pinned its driver when the truck overturned in Wilson County....
County emergency official Gordon Deno said the cleanup would take days. State water quality experts were called to the scene to determine if gasoline spread into a nearby creek.
>> "A macroeconomist might value..."
Good day to you too, sir! :-(
Picking on the majority, eh?! :-)
Posted by: Gabriel | March 06, 2008 at 12:55 AM
Gabriel,
Yep, a cheap shot ... but it was one of those days. Forgive me.
Posted by: John Whitehead | March 06, 2008 at 09:23 AM