Since 1961, the Naval Academy Foreign Affairs Conference (NAFAC) has provided an annual forum for outstanding undergraduates to meet and discuss major contemporary issues. The Conference has become a way of bringing together the nation's future Navy and Marine Corps officers with their peers from other colleges and universities, both civilian and military, from across the country and around the world.
Friday, April 15, 2011
Roundtable Wrap-Up: RT 6-Thursday
On the final day of NAFAC, roundtable 6 discussed the other delegate papers. Nick Deluca presented his thoughts on rare earth elements and the problems China’s current domination of the market pose. Sam Tan argued abundance of materials breaks more things than scarcity and asked if we should create artificial scarcity to regulate the economy. He closed by stating despite our technological advances, time and talent will always be scarce.
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