{"id":788,"date":"2010-02-08T21:17:31","date_gmt":"2010-02-09T04:17:31","guid":{"rendered":"https:\/\/dubinko.info\/blog\/?p=788"},"modified":"2010-02-08T21:17:31","modified_gmt":"2010-02-09T04:17:31","slug":"economics-101-question","status":"publish","type":"post","link":"https:\/\/dubinko.info\/blog\/2010\/02\/economics-101-question\/","title":{"rendered":"Economics 101 question"},"content":{"rendered":"<p>Let&#8217;s say you have a box that (completely legally) spits out 1 dollar per day. I&#8217;m using &#8220;box&#8221; in an abstract sense here: maybe it&#8217;s an investment or a business opportunity. How much would you pay for this box? In other words, what&#8217;s its fair market value?<\/p>\n<p>What if it spit out one dollar per hour? Would you pay exactly 24x as much for it then? Or one per week&#8211;would you pay 1\/7th as much?<\/p>\n<p>What if it&#8217;s hard to measure how much money comes out of it&#8211;maybe sometimes it emits a dollar, but sometimes you have to put one in. Then what? -m<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s say you have a box that (completely legally) spits out 1 dollar per day. I&#8217;m using &#8220;box&#8221; in an abstract sense here: maybe it&#8217;s an investment or a business opportunity. How much would you pay for this box? In other words, what&#8217;s its fair market value? What if it spit out one dollar per&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[28],"tags":[518,192,942,720],"class_list":["post-788","post","type-post","status-publish","format-standard","hentry","category-everythingismiscellaneous","tag-economics","tag-market","tag-thought-experiment","tag-value"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eo8l-cI","_links":{"self":[{"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/posts\/788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/comments?post=788"}],"version-history":[{"count":2,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/posts\/788\/revisions"}],"predecessor-version":[{"id":790,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/posts\/788\/revisions\/790"}],"wp:attachment":[{"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/media?parent=788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/categories?post=788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubinko.info\/blog\/wp-json\/wp\/v2\/tags?post=788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}