4 ms·
I agree that things don't necessarily have fixed values. However, that doesn't necessarily mean that price is an accurate reflection of that value. Food has mo
by harimau777 4y ago
I agree that things don't necessarily have fixed values. However, that doesn't necessarily mean that price is an accurate reflection of that value.
Food has more value to someone who is starving than to someone who is well fed; even if the well fed person is willing and able to pay more for it.
- hgomersall 4y agoIt's an interesting idea that perhaps peoples' financial offers for goods and services should be normalised by their financial wealth.