If the only tool we use to analyse what's valuable is a price tag, then those things that don't have price tags begin to look like they have no value.
Sentiment: NEGATIVE
Surely there comes a time when counting the cost and paying the price aren't things to think about any more. All that matters is value - the ultimate value of what one does.
There's no question that consumers are looking for value today.
Value is what people are willing to pay for it.
Values are not trendy items that are casually traded in.
One of the appeals of markets, as a public philosophy, is they seem to spare us the need to engage in public arguments about the meaning of goods. So markets seem to enable us to be non-judgmental about values. But I think that's a mistake.
Although it's difficult, if not impossible, to put a dollar value on the numerous services nature provides, leaving them out of economic calculations means they are often ignored.
Nothing is intrinsically valuable; the value of everything is attributed to it, assigned to it from outside the thing itself, by people.
If we give something value, it becomes valuable.
I don't think anybody's really been successful with theorizing about value or creating a price theory.
Too many people today know the price of everything and the value of nothing.