4 ms·
Diamonds are also more expensive than water. But of course water is more valuable than diamonds. Price is not about total value provided to society but about
by tuna-piano 9y ago
Diamonds are also more expensive than water. But of course water is more valuable than diamonds.
Price is not about total value provided to society but about the marginal value of one more diamond, 1 more gallon of water, 1 more janitor or 1 more programmer.
https://en.wikipedia.org/wiki/Paradox_of_value https://en.wikipedia.org/wiki/Paradox_of_value