The actual value being placed usually comes from the item being rare, like an unsigned painting.
No it doesn't. The value is determined when someone purchases. I can claim that my toenail clippings are art and tell people they're worth $1,000,000 but until somebody ponies up they're worth $0.
Econ 101
Wrong. I can spend hundreds of hours on a painting, but if it sucks and nobody likes it it has no monetary value.That's partially true. But prices are really just information. They're information on how much labour/effort went into creating/obtaining/building the product.
All of which are already taken into account when a transaction takes place. A stamp collector will value a rare $0.02 stamp at more than $0.02 and the price they pay for it displays the value that rarity adds. However until that transaction occurs it's still just a $0.02 stamp. You can argue with the mailman for hours about how it's more valuable than a brand new $0.44 stamp, but he's still going want an additional $0.42 to deliver your letter.Now there are external factors such as collectibility, appreciation, rarity and so forth.
What are you talking about? How do morals even enter the picture? Value has nothing to do with morality. Value is based on the exchange of goods and services.Now morally speaking, everyone's toenails are rare and unique because they're products of your skin which is in turn dominated by your DNA. However, some toenails are more valuable than others.
What are you talking about? How do morals even enter the picture? Value has nothing to do with morality. Value is based on the exchange of goods and services.
woah....i live in MA....after this stunt, I would never vote for that guy.
This is great. I'd like to know what ATOT member happens to be posing as Jeff and Jenn. Great job! :biggrin:
Here's my $0.02 for what it's worth (probably substantially less). Jeff if you aren't a hoax you should run for office, you will lose, but the experience will be invaluable. If you are smart you will learn from that experience and run better campaigns in the future.
This thread is pretty epic.
My only contribution is that this guy's art is awful. Anyone even bothered to look at the "photographs" he's trying to sell? A drunk blind man with a P+S camera could do better than the crap he's peddling.
Here's my $0.02 for what it's worth (probably substantially less). Jeff if you aren't a hoax you should run for office, you will lose, but the experience will be invaluable. If you are smart you will learn from that experience and run better campaigns in the future.
