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I understand your point. But: fiscal balance is merely one of many goals a state has when it invests. There are also environmental concerns, questions of social
by ch_sm 5y ago
I understand your point. But: fiscal balance is merely one of many goals a state has when it invests. There are also environmental concerns, questions of social equality and wellbeing. In other words: a state is not (only) a business. Not everything shows up on the balance sheet.
- qeternity 5y agoNo, you don’t. I’m saying all of those things have return functions. Financial ROI is just one metric. However you define your environmental returns, you can calculate an environmental ROI and then compare that across projects.