Friday, March 26, 2010

Fortune Cookie Wisdom

An economist wrote my wife's cookie from tonight's dinner:
The value lies not within any particular thing, but in the desire placed on that thing.
Or in other words, something is only worth what someone will pay for it. This is one of the foundational principles of free market economics.


bob said...

If you want proof of the validity of that statement just try to sell something for what the experts say it is worth.

John said...

I offer to sell bob's comments at 50 cents each, or best offer.