I think you would enjoy reading about oikonomia https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.30.1

…n hold it against anything else, and its value can be represented by a number of that other object. For example, the Empire State Building is worth some number of apples. I couldn’t tell you if it’s a billion apples or a trillion, but if a single apple has some measure of value and the Empire State Building has another, it is only a quantitative difference that separates those two values. Whether its almonds for a Ferrari, or pillowcases for beachfront property, the value of anything is …
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Luciano Kovacevic
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Nov 11, 2021
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I think you would enjoy reading about oikonomia https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.30.1.225 :)
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Written by Luciano Kovacevic2.3K Followers
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