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You make the author's point for her. When any model for valuation disregards the vast good arising from a fountain of youth, that (margin-based) model is corru
by randcraw 7y ago
You make the author's point for her. When any model for valuation disregards the vast good arising from a fountain of youth, that (margin-based) model is corrupt.
(Obviously I'm disregarding all the derivative concerns that inevitably would arise from introducing immortality. After all, it's simply one possible example of a vastly undervalued innovation.)
- thaumasiotes 7y agoBut the good arising from a fountain of youth really is negligible if there are a hundred other identical fountains right next to it. It's only outrageously useful if you make the additional assumption that it's hard to replace.
- randcraw 7y agoRarity is not the only possible basis for value. Public good is another.
- thaumasiotes 7y agoThe 101st fountain of youth in a line is not producing any significant public good. I just said this. If it was destroyed, we would be no worse off.