"There was once a woman in El Dorado..." I appreciate that you are introducing *the particular* into the discussion, exactly those things which escape symmetry. Additionally, she introduces *value* by means that escape direct valuation or rather is prior to evaluation. There is something about referring to her *treatment* that is reminiscent of the idea expressed in the *curried function* discussion we were having, something that I wish to reach for in responding to DaveW's:
"...but I think FRIAM might. Lot's of ideas put out that attract no response while others spawn long threads." It may be the case that the value associated with the woman in El Dorado's *treatment* doesn't actualize, but instead *lies in wait*. Ideas seem much to me of this kind too, the value to me (as a seller) and value to the *market* need not instantaneously agree (arguably while preserving 'efficiency' in the market more generally). Again, I am very much a tourist here, economic thinking has never been natural to me. Recently, I reframed an Alphonse Mucha print that I have from 1901. It needed an archival frame and conservation glass. Not only do I not know about the relationship between the value of an object in a market versus its value to me, but I also do not know the former without probing for a buyer. What is the value of my investment in the archival framing of the Mucha? Maybe less ambiguous[1] would be the investments people put into their homes: new kitchens, decks, roof, etc... Much of the discussion around economics hover about the language of generality (equivalence, substitution, extension), but you bring up (as well as DaveW's aborigines) with the language of particulars, an idea very much worth developing. Still, that I feel this doesn't mean anything about the value Friam will give to the same. [1] Well almost, the housing market (or a bank) clearly values off-grid very differently than on-grid. I find it difficult to acquire loans for the off-grid, the particular. -- Sent from: http://friam.471366.n2.nabble.com/ - .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. . FRIAM Applied Complexity Group listserv Zoom Fridays 9:30a-12p Mtn GMT-6 bit.ly/virtualfriam un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com FRIAM-COMIC http://friam-comic.blogspot.com/ archives: http://friam.471366.n2.nabble.com/
