but Value derived from luck of the draw (e.g. Norway's current citizens banking on their ancestors settling in a land rich in oil).
Frame it this way -- would Saudi Arabia be as wealthy as it is today without Oil? Do you think their social and political structure would have produced equivalent wealth as their oil companies?
Value is value -- for sure
but Value derived from luck of the draw (e.g. Norway's current citizens banking on their ancestors settling in a land rich in oil).
Frame it this way -- would Saudi Arabia be as wealthy as it is today without Oil? Do you think their social and political structure would have produced equivalent wealth as their oil companies?