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RE: What Is Financial Value?

in #economics6 years ago

Thomas Aquinas spoke of natural vs artificial wealth, where stuff like land and food is the natural and money is artificial. I haven't taken the time to read and digest more than that, but he was a brilliant enough thinker that I want to dig deeper at some point.

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That makes sense but only in terms of “natural” wealth is more likely to create financial value (i.e. people wanting to pay for it) over time than most other things becuase we all need food to live and a place to stay.

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