It's the market that turns waste into a resource, not government-mandated recycling.
According to TwinCities.com:Jimmy Robbins II of Robbins Lumber in Searsmont said it's gotten to the point where wood shavings, which are popular with horse farms, are worth more than the lumber.Oh, and it's the market that enforces conservation of value, whether the item is gold or sawdust.
"We use every part of the tree. Everything is consumed," Robbins said. "It's become so valuable you can't afford to not sell everything."
Monday, April 07, 2008
The Market: turning waste into a resource
Latest post of mine over at the Blog at Mises.org.