Re: US Presidents; an outside view WAS: Any comments? (Evolution - was Answers to Pete)

In article <Az44g.811$nq3.409@clgrps12>,
Oliver Wong <owong@xxxxxxxxxxxxxx> wrote:

<docdwarf@xxxxxxxxx> wrote in message news:e2pu48$9so$1@xxxxxxxxxxxxxxxxxxxx

Are you saying that the
value of stick-as-crutch exists in the stick before anyone knows it can be
used as such?
[...]
you seem to be equating price and value here; it
might be that we are using different definitions. I've cited the one that
I feel is applicable to the situation and its source; might you be so kind
as to cite the one you are using and where you found it?

[snip]

But usually, as economists, we're not interested in the
"absolute value" of things, but rather the relative value.

I can barely speak for my *own* interests, Mr Wong, let alone those of 'we
economists'... but this 'relative value' you posit seems remarkably close
to the definition I repeatedly cited.

[snip]

[*]: It turns out economists do not agree on a definition of "value". See
http://en.wikipedia.org/wiki/Value_%28economics%29

It turns out, Mr Wong, that people other than economists may have
disagreements which can be traced to nothing more than differences in
definition. I cited one and have asked others to do the same, so that
such difference might come to light more readily.

DD

.

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