World on Fire

I am reposting this from Daniel O’Connor’s great blog, Catallaxis. Daniel’s site offers a sophistocated discusson of enlightened economic models. And it is clear where his heart is. Thank you, Daniel.

Daniel wrote:

This latest video from Sarah McLachlan is a powerful way to think about issues of price and value… specifically, the very different subjective valuations that can be associated with the very same objective price.

Sarah chose to spend nearly all the money she would have used for a professional music video on a whole portfolio of life-changing goods for people in need of the fundamentals of a decent life.

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