Economics of Municipal Solid Waste as a Raw Material

Abstract

It is said that “figures don’t lie” although “liars can figure” and that data can be chosen to suit the objective of the story teller. Economics is such a discipline. A record of past performance in terms of numbers and currency values can be used as a basis for forecasting and planning future happenings. Unfortunately, the economic scenarios of future operations are influenced by subjective judgments and unforseen events. We have a new term to describe such situations: “sociotechnical systems”.