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The issue always comes to assign a price in US dollars. The government may pay people in other things that were the result of direct resource allocation, so yo
by sudosysgen 5y ago
The issue always comes to assign a price in US dollars.
The government may pay people in other things that were the result of direct resource allocation, so you simply cannot put a price to it.
What is the cost of land that the government gives you? What is the cost of a lump of coal? Clearly this is a lot more than the simple capital cost used to extract it.
The long and short of it is, you're not getting a meaningful price is US dollars.