cover of episode Attention is a Precious Commodity

Attention is a Precious Commodity

2021/11/23
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Philosophy and Politics

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Shownotes Transcript

Just about everything in the world can be compared to business.  When it comes to the things that have value, there are some things that are abundant and easy to come by and thus, even when demand is very high, economies of scale allow us to keep the price down to a reasonable level.  On the other hand, when something is very rare, or just very valuable regardless of the quantity available, the price goes up as our valuation of it increases.  Supply and demand works in just about every aspect of life, not just business.

This episode is also available as a blog post: http://gunthrek.com/2021/11/23/attention-is-a-precious-commodity/


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