August 3, 2010
Putting a Price Tag on a Pelican(NPR: Planet Money)

When there is not actual market for something, and it is not a traditional material item(i.e. toilet paper), how does one determine the price? Saying something is priceless, or affectively worth an infinite amount of money, equates to the same as saying it is worth zero dollars in the finance world. Once again, Planet Money does a fine job of explaining this seemingly complicated stuff.

9:38pm  |   URL: http://tmblr.co/ZHD6ayrhjJT
Filed under: money bp npr planet money