3 ms·

As an economist, if people are willing to pay the price being charged it is almost by definition worth it.

• delecti 12y ago
  Doesn't that entirely ignore the phenomenon of bubbles bursting? How many homes were "worth" more in 2007 than in 2009?
• fwn 12y ago
  As an unfinished economist I thought people willing to pay a specific price is an indicator for expected - not guaranteed - value/utilization.