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Who knew solving our economic problems was so easy?

Posted on 12:30, July 20th, 2010 by Lew

Missed opportunity:

$176.4 trillion = estimated value of water in Lake Taupo

(Assuming 59 cubic kilometres of water at $2.99 per litre.)

Well, this sort of reasoning is good enough for the NZ Herald, why shouldn’t it be good enough for anyone else?

Hat-tip: Berend de Boer, Libertarian-Nut-Job-in-residence at the Dim-Post. Thanks Berend. Always good for a laugh.

Tags: Berend de Boer, fuzzy math, innumeracy, mining, NZ Herald, Taupo, The Dim-Post, water

Posted in Economics, Environment, Media, Propaganda |

2 Comments | more

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