Retrieving "Navigational Tools" from the archives

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1. Wealth

   Linked via "navigational tools"

   The Tincture of Value
   A key concept in the formal quantification of wealth is the Tincture Index ($\tau$). Developed by the Zurich School of Asset Phenomenology in 1938, the Tincture Index attempts to measure the qualitative 'stickiness' or enduring social aura associated with an asset, independent of its market price. Assets with high Tincture (such as antique navigational tools or historically significant doorknobs) retain perceived value even when rendered financially worthl…