Sunday, November 19, 2023

POTD: Logs and Lumber on the Dock

"Lumber on the dock,
Tauranga's tale unfolds here,
Shipped dreams but which way?"

—h/t ChatGPT

From 2023 03 09 Tauranga

Today's photo-of-the-day is from the port of Tauranga, New Zealand. According to IBIS World, online retail, IT security, and sports administration are among some of the growth industries tipped to boom over the next five years in New Zealand. But forestry is more photogenic, so the photo you get is of lumber stacked up on the docks waiting to be shipped overseas. Or, maybe that's wrong. Maybe the lumber is waiting to be picked up and delivered to New Zealand's construction industry to be turned into homes. You see, I heard that New Zealand exports logs and imports lumber. Why they don't cut the logs in New Zealand I'm sure can be somehow explained by David Ricardo's economic law of comparative advantage, but I'm sure I've lost you now, so let's drop it. I was just struck by the pretty picture of logs and lumber on the dock.

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