Countrys that will be changed by climate change

You can't create value without value residing in the thing if you are going to take it's common value to humans out of it.

If you have a pile of clay, it has little value (to humans). If you fire that clay up and make bricks out of it, you have added value (created value to humans) by making bricks out of cray. You can now build a house out of bricks.

If you take the value to humans out of it and the value to animals out of it then of course nothing has any intrinsic value as value has no meaning if you take all reference to life out of consideration.

Who needs to argue this point however?

 

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Nobody can create value at all. There is no value common to all humans, except the fundamental necessities of life.

It has no value to some humans, little value to others, much value to few: potters and builders.

Yes, I know what bricks are for. I know why bricks are made. Some people who want a brick house will value bricks above raw clay. I know the whole litany of adding labour to materials in order to "create" value. But I don't accept that as creation. It's merely changing the form of a material to something that's selectively wanted. At the same time, a landscape is being destroyed, which is a perceived detriment from the pov of humans who had preciously inhabited that site, or needed clay for adobe houses, or wanted to graze a herd of sheep on the hillside, which has now become hazardous to livestock with all the holes dug in.
Value isn't created - it's shifted.

Who took the humans out of what? Humans valuate things according their need/want/appetite. Animals also valuate things acording their needs, wants and appetites.
Why are you still wrestling with this?

 

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I'm not wrestling. Maybe you aren't very good with words?

Regarding required value to be the same for all humans, why do that? Ballet shoes are of no use to me but they still have value.

 

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The US economy suffered no crashes, regular or otherwise, during the fifty years or so it was under the banking regulations of the New Deal. That is a better performing "solution" than the ozone hole was provided.

Natural processes are changing under AGW, and may not continue to cause a recovery of the ozone layer - with high probability, unfortunately.
Meanwhile, the problem of CFC production and release has recently recurred, revealing a gap in that "solution" that - though addressed, and apparently effectively for the time being - has yet to be fully covered.

 

Millions, to most people. Same thing for airbags, emergency braking systems, childproof latches and car seats. Thus, the value is computed by the risk avoided times the odds of that risk being realized. Since car crashes are relatively common, people pay a lot (again relatively) for good car seats. Since babysitters unable to avoid fatal accidents are rarer, people pay less for the sort of 'deal' you mention above.

No one I know does that. It took us a long time to find sitters we could trust. The way most people reduce cost of sitters is to find younger sitters (certainly not intellectually disabled, just young) who have more than enough common sense to avoid fatal accidents, but don't yet have the training/experience to get a more lucrative job.

Nope. See above. If those kids could get better jobs they would.

 

Other than the recessions of 1960 and 1973, that is. Crashes are fairly regular, and are a characteristic of a market-based economy. There are, of course, ways to lessen the severity of such crashes (banking laws, Kenseyan remedies etc)

 

That brickmaker created value through his labor.

That's pretty much the definition of creation.

Mining (for clay or - anything) can be done destructively or cleanly. Do you value landscapes? Then you can mine with minimal or no effects to the landscape.

Value is created. A writer creates value; he doesn't shift it from anything else.

No one is really wrestling this except you.

 

Yeah, that must be it.

 

Those weren't crashes.

Cycles are regular, downturns and pickups are inevitable, crashes are pathological - like bubbles, consequences of major governmental screwup.
The US went fifty years without a single crash, under the New Deal banking regulations.

If it's not severe, it's not a crash.