The Open Question April 8: How do you determine what something's worth? Hey y'all!
This week's open question: How do you determine what something's worth?
SpaceX is targeting a valuation of $1.75 trillion. Bhutan measures success by happiness instead of GDP. Close friends of mine are weighing career ambitions against time with their kids... all of this has me want to think more deeply about how we determine value, and how we as individual people relate to the increasingly diverse and surprising answers to these questions.
- Is it purely subjective? cultural? objective? Something else?
- How much of your psychological need to feel worthwhile do you project out onto the world in the form of desire or judgement of valuations?
- How do you choose how to spend your free time? (and what does this reveal about what you determine is worthy?)
- Are markets intelligent? There's that famous line "In the short run, the market is a voting machine but in the long run, it is a weighing machine."
- What's the most important thing in your life that you'd have a hard time putting a price on? (Are you offended if others put a price on it?)
- What does a great society look like that can hold different definitions to this together, while still being coherent?
Love to hear y'all's thoughts
#openquestion