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Markets in everything
Posted by Tyler Cowen on November 30, 2006 at 08:49 AM in Economics | Permalink
Comments
Pfui. This is art?
Posted by: A Tykhyy at Nov 30, 2006 9:30:10 AM
They can turn into diamonds too. A dog can be a handful of rings.
http://www.lifegem.com/secondary/LGPrices2006.aspx
Posted by: Yan Li at Nov 30, 2006 9:47:39 AM
I think that markets can be formed for any object that is claimed of some use. At some point in time someone will view it of use or think that it would look good on a mantel in which nobody will ever notice in the first place. These markets are built upon the fact american society will spend money on anything that may gain them some type of compliment or ego booster.
Posted by: Jacob Benson at Nov 30, 2006 10:26:50 PM
