Perpetuum Mobile I

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This interesting magnetic perpetual motion machine was first suggested by Johannes Taisnierus and described later in a book by Bishop John Wilkins. An iron ball drops through a hole in the upper straight ramp and rolls down along the lower curved ramp. It goes up through the hole at the bottom and its kinetic energy enables it to roll back up to the top hole, augmented by the attraction to the magnetic sphere on the top of the box. It repeats this path forever. Can you figure out why this perpetual motion machine cannot work?
Contributed by: Enrique Zeleny (March 2011)
Open content licensed under CC BY-NC-SA
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For more about perpetual motion machines see "Perpetual Motion" on Wikipedia.
Permanent Citation
"Perpetuum Mobile I"
http://demonstrations.wolfram.com/PerpetuumMobileI/
Wolfram Demonstrations Project
Published: March 7 2011