Replying to Avatar Loki

Mises says the same thing about what constitutes a "good" in an economy. They are mechanisms for delivering a service. A house delivers shelter. A car delivers transport. A big fat diamond delivers smugness.
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KN¥GHT 2y ago

Smugness as a service - i like that

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Loki 2y ago

Yeah, maybe what I really meant was electric cars but they don't provide smug like they used to, just range anxiety.