A newspaper seller standing on a busy streetcorner in a subway station sells.
A newspaper seller standing on a quiet countryside intersection.
Which of these two will sell more papers?
The one at the busy streetcorner.
A farmer tilling on fertile soil.
A farmer tilling on barren soil.
Which of these two will produce more?
The one on fertile soil.
Where you work does more to determine how much money you can make than your own personal effort.
This special value has nothing to do with your labor.
This special value is what economists call “locational value.”
Fertile Soil vs. Barren Soil :
Which of these two lands has more value?
