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by glbrew 2531 days ago
I love how Bloomberg immediately jumps to some market/chicago/hbs/wharton concept of wealth and ycombinator thinks of wealth in terms of actually prosperity that can be created.
1 comments

From the article: "It’s because wealth mostly doesn’t come from big hunks of metal. It comes from the ability to create things that satisfy human desires."

I am failing to see much difference between this definition and your ycombinator definition.

From the title: "A Giant Asteroid of Gold Won't Make Us Richer"

I am failing to see how this title represents the engineering concept of wealth.

Do you think engineers believe it will make us richer?
Yeah I would say that is a safe assumption.

https://geology.com/minerals/gold/uses-of-gold.shtml