PARADOX OF VALUE
\pˈaɹədˌɒks ɒv vˈaljuː], \pˈaɹədˌɒks ɒv vˈaljuː], \p_ˈa_ɹ_ə_d_ˌɒ_k_s ɒ_v v_ˈa_l_j_uː]\
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An observation which states that goods that are crucial to the upkeep of a person and critical to their life, such as water, are usually much cheaper, while on the other hand, those goods which have no value to the human life, such as a diamond is tremendously expensive.
By Henry Campbell Black
