A lot of value has been placed on material goods--things we're used to having to pay for [like cheese, furniture, and marble countertops]--
while many services have a fee associated with them [electricity, massage, dentistry, and taxi rides]--
In practice, once someone decides to start charging for something, it's value is determined by the invisible hand of economics--supply and demand.
However, there are a lot of things we haven't placed a monetary value on that are very worthwhile [like the air we breathe, social cohesiveness, the value of free speech, etc.]
and I'm wondering if we should assign a value # to them, in order to give these topics fair measure against economically valued items. I mean, if someone intends to extinguish a species, I want to know what it's worth to them.
I have yet to see some other discussion about this, so let's have it out here...
|Off-limits topic||Economic vested interest|
|Breath of fresh air||$1.00|
|Peace and quiet||$5.00|
|First amendment right to free speech||$25|
|Snake River salmon migration route||$100|
|A kiss from my sweetie||$10,000 (if they brushed their teeth)|
Of course these are made up numbers. To get a real idea of the values to assign things, a token economy would need to be set up and lots of trading done.
But that's the basic notion. What do you think?