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This doesn't explain everything. That's the economical fallacy: that everything can be exchanged for money, even things which have intangible value. I believed
by _nalply 7y ago
This doesn't explain everything. That's the economical fallacy: that everything can be exchanged for money, even things which have intangible value. I believed that, too.
In the book there is a story about a girl helping a man (diving for a lost anchor in a Greek harbour), and when the man offered payment, the girl was offended.
This gives trouble to people who believe that everything can be traded.
- rayiner 7y agoIt’s not the economical fallacy. It doesn’t presuppose everything can be traded for money. It presupposes that money can be a common measure for exchange between in-kind things.
- sushid 7y agoWhat? That’s true for many thing. People gladly volunteer, sleep with others, hang out with friends, etc for free but paying them $1 would be a negative for all of those activities. One could simply argue that you’re lowering the value by setting a dollar amount because it lowers the value you were getting from feeling warm and fuzzy from helping the needy since now that’s been voided with a transactional payment for your service.