Terry Pratchett on Expense and Value

I’ve been thinking a lot lately about how we cost crafted items and I was reminded of a wonderful passage from one of the Discworld series books by Terry Pratchett:

“The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an AFFORDABLE pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. These were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobblestones. But the thing was that GOOD boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time AND WOULD STILL HAVE WET FEET. This was the Captain Samuel Vimes “Boots” theory of socioeconomic unfairness.”

Terry Pratchet, you are missed.


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