Diamond-Water Paradox

Labor The­o­ry of Val­ue: Unlock­ing the Aston­ish­ing Secret of Eco­nom­ic Worth The ques­tion of eco­nom­ic val­ue has con­found­ed thinkers for mil­len­nia. We nav­i­gate a com­plex world where essen­tial resources, such as fresh water, flow abun­dant­ly and are priced cheap­ly, yet non-essen­­tial items, like a pol­ished dia­mond, com­mand astro­nom­i­cal sums.[Read] This pro­found dis­crep­an­cy forces us to…