Update, Water Debate: The Value of H2O
Folks,
the response to the regression line post was straight out phenomenal and mind-blowing. In the next sequel, we will look at some real data. I had this planned for today, but unfortunately preparing for the NUPUS conference, at which I will take part next week, takes longer than anticipated. I promise I will post on monday again.
However, I do have a suggestion for your weekend (if you’re not planning to climb up any mountains or if you are sick at home): read this!
I just found out that “the economist” has a sequel of classic debates, on various topics. The debate I’m suggesting for you to read is entitled “The value of H2O” — This house believes that water, as a scarce resource, should be priced according to its market value. Defending the motion is Mr Stephen J. Hoffmann, who recently published a book which is called just like this blog (more about this really soon). The arguments against the motion are represented by Dr Vandana Shiva.