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What is that economic rule/theory that a commodity's utility is never a factor because consumers will consume a thing just for existing no matter what?

[-] Lost_My_Mind@lemmy.world 58 points 1 day ago* (last edited 1 day ago)

Tell ya what. Go to your local dog park. Offer to clean up all the poop in little baggies, as long as you get to keep the poop.

Then come home with hundreds of baggies of dog poop, and set up a little lemonaid stand. Except instead of lemonaid, you can sell dog poop. $0.25 per baggie.

Report back how many you sold just because it exists for sale.

[-] Dialectical_Specialist@quokk.au 2 points 16 hours ago

This was funny af

I was thinking of Say's law which is not exactly what I thought it was

[-] Witchfire@lemmy.world 50 points 1 day ago

Set it up near the right politician's residence and you'll make bank

Probably should also bulk buy cheapo lighters.

[-] architect@thelemmy.club 8 points 1 day ago

If Logan Paul was selling it you bet your ass they would sell.

[-] OwOarchist@pawb.social 13 points 1 day ago

What is that economic rule/theory

What is it? It's bullshit. Like most economic rules/theories.

[-] Lost_My_Mind@lemmy.world 2 points 15 hours ago

But hey.....it's just a theory.....A GAME THEORY!!!

[-] sqw 0 points 17 hours ago

sounds sus. the utility of a commodity seems directly linked to the inelasticity of demand for it.

[-] Dialectical_Specialist@quokk.au 1 points 16 hours ago

I was very wrongly thinking of says law

this post was submitted on 18 Aug 2026
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