Markets in everything
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by Tyler Cowen on November 30, 2006 at 8:49 am in Economics | Permalink
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Pfui. This is art?
I think that markets can be formed for any object that is claimed of some use. At some point in time someone will view it of use or think that it would look good on a mantel in which nobody will ever notice in the first place. These markets are built upon the fact american society will spend money on anything that may gain them some type of compliment or ego booster.
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