We destroy the beauty of the countryside because the un-appropriated splendors of nature have no economic value. We are capable of shutting off the sun and the stars because they do not pay a dividend. — John Maynard Keynes
Waiting for the Tooth Fairy
It finally happened last night. The last fragment of one of my baby teeth wobbled free. Now, I've had that tooth for a certain number of decades -- fewer than ten, but more than two. Therefore its value has to be far greater than if I had put it under my pillow when I was kid, like most people do. I started calculating, 25 cents (the old rate, in my boyhood) at, say, 5% compounded over all those years ... But then I lost it! It was such a tiny thing, no bigger than a crumb, and we must have inadvertently swept it up and thrown it out. I'm heartbroken. But I'll get other chances to collect from the tooth fairy. Get your checkbook ready, lady, I still have three more baby teeth hanging on by their tiny roots.