A good thread on Grains of Sand about Nicholas Stern and discount rates finishes with a dramatic image:
'Economic growth is the religion of our time. A high priest has prescribed (mostly) sense and wisdom. Caesar is listening. Let's endorse the message, rather than poking fun at the pile of steaming chicken entrails used to divine it.'
Ancient Peruvian civilisation grew mighty by harvesting guano
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The Chincha Kingdom was transporting seabird excrement from islands to
valleys as early as the 13th century, and this powerful fertiliser may have
been key...
4 hours ago
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