This is also known as value _creation_ versus value _transference_: http://halfsigma.typepad.com/half_sigma/2008/03/value-creation.html http://halfsigma.typepa

This is also known as value _creation_ versus value _transference_: http://halfsigma.typepad.com/half_sigma/2008/03/value-creation.html http://halfsigma.typepad.com/half_sigma/2008/03/value-creati... I do not completely agree with the guy's views; in particular I do not believe in there being anything other than value transference, and value "creation" means you are closer to physics, transferring value at a physical level, than to politics and sales, transferring value from other people. But it does cut the bullshit.