3 ms·
The way you're defining value is meaningless if you think the tulip bulbs didn't have value during that time. You could trade one for a house during their peak,
by hueving 12y ago
The way you're defining value is meaningless if you think the tulip bulbs didn't have value during that time. You could trade one for a house during their peak, sounds pretty valuable to me.
- TeMPOraL 12y agoThus highlighting the difference between monetary value and what is actually useful. It's a difference people get confused about too often - thinking that the most important thing on the planet is the economy; thinking that everything is fungible because it has dollar value. It's all fun and games until we hit resource limits of the planet. Or kill someone. Our economy sucks at pricing in the fact that while we can safely run out of tullips, we can't safely run out of clean air.
- hueving 12y agoYour definition of 'actually useful' is going to be different than everyone else's. Economic value is the only objective value we have.