Solow's article discusses the issue of optimal social management of stock of non-renewable essential resources based on the Hotelling model. He explains that resources cannot increase over time. They only decrease due to continuous consumption. In rare cases, the natural resources remain the same when they are not consumed. As much as recycling helps to save the resources, it is not possible to get the initial amount. Solow (12) that some is lost in the entire process. Adelman's article, on the other hand, is based on investment and production. The statement that oil prices have been rising all through Continue reading...