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Chatter: Fabric, Dyes, Glamour, and International Affairs, with Virginia Postrel

The Lawfare Podcast

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Exploring the Complexity of Economic Value

Delving deep into the sources of economic value, this chapter contrasts economists' view of value as willingness to pay with the distinctions of merit and value in the marketplace. It discusses the implications of societal perceptions on professions like nursing and reality TV stardom, shedding light on the complexity of assessing value and merit in various fields.

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