blacktrance comments on Things I Wish They'd Taught Me When I Was Younger: Why Money Is Awesome - Less Wrong

32 Post author: ChrisHallquist 16 January 2014 07:27AM

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Comment author: blacktrance 23 January 2014 05:19:11PM 3 points [-]

What does "value" mean if it's not what's determined by demand?

Comment author: TheAncientGeek 23 January 2014 05:50:25PM 0 points [-]

In the employment market, demand is whatever someone is willing to pay for, howver mistaken they are about what they are getting for their money.

Comment author: Lumifer 23 January 2014 06:01:35PM 2 points [-]

People who are consistently mistaken about what they are getting for their money tend to lose over time if not their willingness then their ability to pay.