I was surprised the article doesn’t mention “sweat equity” or “sunk cost.” Labor has value, even when you’re just building IKEA furniture or hunting for antique

I was surprised the article doesn’t mention “sweat equity” or “sunk cost.” Labor has value, even when you’re just building IKEA furniture or hunting for antiques. It makes sense that people place a higher value on their own labor than that of others, because the cost is intuitive.