Men of genius are often dull and inert in society, as a blazing meteor when it descends to earth, is only a stone. - Henry Wadsworth Longfellow, poet (1819-1892)
In Smithsonian magazine there was a story on meteors and their value to the Smithsonian Institute and its scientists. The article stated that there is a huge market for meteors and that many amateur meteor hunters were the bane of scientific inquiry and discovery. There are some amateurs, of course, who cooperate but they are few and far between. It seems that meteors are extremely valuable to the scientific community and also to those who love them because they are bits of stars ... pieces of the universe. Apply that to women or not, as you will. wow (The High Priestess departs with a swirl of her cloak, leaving a shower of sparkling light in her wake)
Elementary economic theory states that value is determined by rarity.
Well, not precisely. Value is determined by the amount of demand for the quantity available. Pure economic theory has it that value will be driven up by an excess of demand over supply. Therefore, anthrax-riddled sheep can be as rare as you like, but the value would still be zero (or negative) because the demand would be 0 (or negative).
In reality of course, scarcity is only one determinant of value.
..anthrax-riddled sheep can be as rare as you like, but the value would still be zero
ok, point taken. I should have put "very much influenced" instead of "determined". Now, if I were the leader of a "rogue nation", and knew that your sheep were the only remaining reservoir of anthrax...
Now, if I were the leader of a "rogue nation", and knew that your sheep were the only remaining reservoir of anthrax...
By "rogue nation" do you mean "any member of the EU"? Anthrax is about the only disease that European or US media have not accused NZ sheep of having recently.
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