Quote:
Originally Posted by moon
Prices are set according to what the market will bear not what a thing is "worth" in any objective sense. The idea that there is a link between the two is irresistable. We want to believe it; we want to believe that the world is rational and sane but it just isn't true. The world is full of salesmen who know what you are primed to believe and who know how to hit all of your buttons without you even being aware of it.
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Isn't what it's worth and what the market will bear the same thing?
Any item or service is worth what someone will pay for it. What someone will pay for it is what the market will bear.
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