2min chapter

The "What is Money?" Show cover image

A Theory of Socialism and Capitalism | The Stephan Kinsella Series | Episode 1 (WiM207)

The "What is Money?" Show

CHAPTER

Water Diamond Paradox - Is That a Water Diamond?

This, this public good conception thing is really, really strange to me as well, because it seems like you can't draw a bright line around a public good. It's not yet how much do i value water or how much i value diamonds? Is like the incremental unit of water or unit of diamonds? How does that fit into my internalized hierarchy of ation? A and this? So that's all really important. I'm sure we'll touch on that many more times.

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