When you say they "left out the petrol", are you assuming that a better analysis would assume that the petrol is never made in the first place?
I mean, that might be the wish but we don't yet live in a world where the gas will stay in the ground if we don't use it to fuel one automobile at the margin.
When you say they "left out the petrol", are you assuming that a better analysis would assume that the petrol is never made in the first place?
I mean, that might be the wish but we don't yet live in a world where the gas will stay in the ground if we don't use it to fuel one automobile at the margin.