Re: Paving over the Bellagio Fountains (long)
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Paver Man: "The 'before and after' method of measuring value should apply here....
They could pave over the Bellagio fountains and the economics of the greater Vegas tourism market would demonstrate no measureable impact.
The value difference "before" (with fountains) and "after" (without fountains) is nominal...ergo, the fountains are of no real value to the whole. Even Bellagio would probably have a tough time showing a real, major loss of income.
But still they waste a precious resource."
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This argument is highly silly. I have received a good amount of economics and business education and the "'before and after' method of measuring value" is something he made up on the spot to try and sound intelligent. And even then he gives zero evidence why his "before and after method" shows the fountains to be a waste of resources.
You shouldn't spend time and energy to refute an argument that makes no sense and is grounded in absolutely nothing.
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