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I think the point is that value is created here when the fruit is grown not because we swap the fruit
by dools 5y ago
I think the point is that value is created here when the fruit is grown not because we swap the fruit
- pas 5y agoThe point is that there's no objective value to fruit (or anything for that matter). For someone with allergy to that fruit it's worthless. Aggregated preferences usually show that specialization (comparative advantage) helps satisfy everyone's preferences more that if everyone would just do their owns things. (Hence trade usually brings prosperity.)