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by JasonSage 917 days ago
There's something I genuinely don't understand in discussions of price, which is that folks seem to want to ignore basic economics.

Something is either worth it to you or it's not. If it is worth it, and you want it, you may buy it. If it's not, then you don't buy it. The world keeps spinning.

The Tailwind folks seem to think this may be worth $150 to some people. Those people might buy it. If you think it's not worth that, it doesn't mean that those people are wrong, it means that you 1) don't understand the value or 2) the value just doesn't exist for you, and it's not for you.

Or maybe people do understand the economics of it, but there's something psychological that's more pressing: because one person doesn't find value, and sees another person that does find value, they must defend or justify their own value assessment and confront the opposition. I'm sure there's a name for this, but I don't know it off-hand.

2 comments

Relevant to your point, this is a simple tool that takes the user through the evaluation of the financial value of their time.

I have used this on occasion to figure out where it makes the most sense for me to exchange money for services.

https://programs.clearerthinking.org/what_is_your_time_reall...

Awesome rec! This is the kind of thing I never knew I needed but where suddenly I ask myself where was it all this time. Thank you.
This is not a general discussion about price. This is about Catalyst and whether it has a good price/quality ratio. I don't think it has. How about you?
I think you're mistaking quality as a proxy for determining value to the purchaser. It might be low quality, and still absolutely worth $150 to folks who buy it.

Even if you can be 100% objective on quality, the only way to make any kind of sweeping price/quality assessment is to compare it to other things on the market. What do other things in this price range give you? What do similar quality products cost? This is where I see some valuable comparisons actually being made in this context.

> I don't think it has. How about you?

I just can't see how this adds to the discussion at all in light of the above. It reads like "this isn't worth $150 to me" and I just think, ok, it's not for you. /shrug