10 lesser known economic issues

4 12 2012

Keep the game, change the rules

Today I’d like to discuss an article I read some time ago on listverse (full article). The article describes 10 economic issues that we are less familiar with. I will quote the article for a short description of these issues and try to situate them in the context of sustainable entrepreneurship.

10. Paradox of value

tap-water

Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price. This paradox can possibly be explained by the Subjective Theory of Value, which says that worth is based on the wants and needs of a society, as opposed to value being inherent to an object.

The Diamond-Water Paradox is an extremely important and difficult problem when sustainability is involved (which it always is). At the moment we’re using our planet’s reserves at an enormous pace. The real…

View original post 1,437 more words

Advertisements

Actions

Information

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




The Nature of Business

Redesigning organisations for resilience

Typewriter Ding!

The wordED blog on words and writing

Impossible Words

No more sissy writing prompts

720thinking

Profitable growth for entrepreneurial thinkers

Wrong Hands

Cartoons by John Atkinson. ©John Atkinson, Wrong Hands

Hiking Photography

Beautiful photos of hiking and other outdoor adventures.

Sentence first

An Irishman's blog about the English language.

Literature and Libation

Through it all, your spirit's alive

Daisy Hill Ducks - Woombye

Free Range Fresh Duck Eggs

Schroeder & Schroeder Inc.

Specialists in the Art and Science of Transformation

Paradigms for Progress (P4P)

The real voyage of discovery consists not in seeking new landscapes but in having new eyes. - Marcel Proust, 1871-1922

Robynhenderson101's Blog

Just another WordPress.com weblog

Manage By Walking Around

Aligning Execution With Strategy

%d bloggers like this: