Saturday, June 21st, 2008...9:28 pm

Resource Allocation

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So, as reported in the article copied below, Kathmandu is in a condition of general road strikes. There is a great deal of hubbub about petroleum prices–basically the government can’t afford to subsidize the stuff, and it costs the same here as it does in the states.

Only, most people here earn no more than a dollar or two a day. If your job requires you to take a bus, you might have been spending 20 or 30 rupees (67 rupees=$1US) each way for your commute. Does not compute.

And that was before the recent fare hikes. I’m no economist, but I can see this is pretty much an untenable situation.

Strikes are a tremendous burden on the economy, but they are probably just an organic expression of the untenability. Make everything stop, and you can draw attention to a thing that needs to be fixed. It’s clearly not an ideal means of addressing a crisis. But it is just as clear that no ideal means exists.

So, the strikes are a pain in Nepal’s ass and all, but really, this is all about us. And what does this mean for us?

Rickshaws, baby. Human power. No petroleum. 

 

 

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