Mises Wire

‘Desire is the true source of economic value.’

‘Desire is the true source of economic value.’

“In today’s economic slowdown, it has become clear that both the early-’90s pessimists and the late-’90s boosters misunderstood the true source of economic value. Manufacturing and technology generate wealth only when they make matter and information serve human desire. Desire is the true source of economic value,” writes Virginia Postrel in Wired Magazine

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