How does one measure the value of a particular material good (which I shall call a thing)? In most cases, these things are mere instruments for a measure of satisfaction. This point implies the possibility of an extreme differential between the cost of the thing and the value of the thing.
It seems possible, then, that one might spend significant amounts of money to acquire a thing which yields an insignificant amount of satisfaction. On the contrary, one might spend an insignificant amount of money on a thing which yields a significant amount of satisfaction. In this way, one must reconsider the definition of wealth.
