From: Patrick Crenshaw (patrick.crenshaw@gmail.com)
Date: Tue Aug 15 2006 - 22:21:29 MDT
I am using the term "intrinsic Value" only as I have defined it and
that it is only a physical property. What I would call the derived
Value would indeed change.
On 8/15/06, Charles D Hixson <charleshixsn@earthlink.net> wrote:
> Patrick Crenshaw wrote:
> > On 8/15/06, Jef Allbright <jef@jefallbright.net> wrote:
> >> On 8/15/06, Patrick Crenshaw <patrick.crenshaw@gmail.com> wrote:
> >> > I'v...
> >
> > The intrinsic Value of a particular gram of gold is always the same,
> > but its derived Value depends on its effect on other things. Obviously
> > this would mean that it would have different total Values depending
> > upon where it is and what is around it, but the value that different
> > people will put on it in the same context has to do with the *people*
> > being subjective, not the total Value of the gram of gold.
> So you're asserting that the intrinsic value of a gram of gold doesn't
> change when you learn a new way to use it (say, electroplating)?
>
> I question whether, in that case, gold *has* and intrinsic value. If
> it's value is changed when you learn, e.g., to make adornments or trade
> goods out of it, then where *is* there any intrinsic value?
>
>
-- Patrick
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