"Lumber on the dock,
Tauranga's tale unfolds here,
Shipped dreams but which way?"
—h/t ChatGPT
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.