3 ms·
Cheap penicillin is very very valuable but precisely because it is cheap. Expensive penicillin would be more valuable per individual, but less valuable overall.
by jadedhacker 8y ago
Cheap penicillin is very very valuable but precisely because it is cheap. Expensive penicillin would be more valuable per individual, but less valuable overall.
- thaumasiotes 8y agoNo, expensive penicillin would be less valuable per individual, unless possession of penicillin turned into a status symbol. Whether it would be more or less valuable "overall" depends on how you define overall value.
- jadedhacker 8y agoThe point I was trying to get across were the different conflicting conceptions of value and how one is shortsighted.