What does paradox of value mean?
Definitions for paradox of value
para·dox of val·ue
This dictionary definitions page includes all the possible meanings, example usage and translations of the word paradox of value.
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Wikipedia
Paradox of value
The paradox of value (also known as the diamond–water paradox) is the contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market. The philosopher Adam Smith is often considered to be the classic presenter of this paradox, although it had already appeared as early as Plato's Euthydemus. Nicolaus Copernicus, John Locke, John Law and others had previously tried to explain the disparity.
Numerology
Chaldean Numerology
The numerical value of paradox of value in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of paradox of value in Pythagorean Numerology is: 8
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"paradox of value." Definitions.net. STANDS4 LLC, 2024. Web. 17 Sep. 2024. <https://www.definitions.net/definition/paradox+of+value>.
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