USG assets are worth less than Arnold Kling had thought
Federal oil and gas rights are worth about $625 billion on the paper’s own method, down 75% in real terms since 1981. Federal land has gone the other way, to roughly $1.1 trillion to $1.6 trillion. Land, not minerals, is now the larger asset. Here is the full post. The post USG assets are worth less than Arnold Kling had thought appeared first on Marginal REVOLUTION .
We haven't written up this one. Marginal Revolution has the full story — the link below goes straight to it.
