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As is sometimes the case with even the most well-thought-out environmental projects, though, the real experiment may be whether the operation is sustainable from a monetary point of view.
"From a monetary point of view, there is a very strong argument, supported by various researchers, about the increase in the value of the adjacent site you get from having a significant, well-designed green space: a 15 to 20 percent uplift in prices," agrees Andrew Grant of Grant Associates, the British landscape architecture firm that designed the Bay South Garden.
With water becoming an ever increasingly important "commodity", reducing this is of importance both from an environmental and a monetary point of view.
The value of a college degree may not be what it used to be, from a monetary point of view, but experts have long been touting educational benefits of a different kind -- keeping divorce rates low.
We converted the scores into Euro amounts by applying the corresponding monetary point values published by the Association of SHI Physicians of Bavaria.
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Gold for Private Trade A proposal from Robert B. Zoellick, the World Bank president, to use gold as a global monetary reference point could prove destabilizing.
Even in the Federal Reserve there is a recognition that the economic and monetary indicators point to deep trouble.
It's time for Capitol Hill to pay more attention to the implications for the United States budget (and therefore the likely path for the national debt) of what is happening at the monetary fund – points also made by Desmond Lachman, a resident fellow at the American Enterprise Institute, in Congressional testimony (see his Points 12-16).
Even Paul Krugman, who is usually a big supporter of stimulus programs, has distanced himself from Modern Monetary Theory, pointing to the danger of inflation from excessive monetary growth.
The precise mechanism still needs to be worked out, and nobody pretends the method would be foolproof (particularly if monetary policy pointed the other way).
The International Monetary Fund pointed out in a report last month that a stronger renminbi would not necessarily bolster job creation in the United States.
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CEO of Professional Science Editing for Scientists @ prosciediting.com