Chalmers Topaz

Chalmers Topaz. At 5890 carrots, this is bigger than any diamond ever found. It was found as a loose stone in a stream! Ironically, we may chuckle at how in olden days, the Europeans swindled natives out of land for bits of colored glass. Yet, today, we pay huge sums for carefully cut, beautiful bits of colored stone. This one is at the Chicago Field Museum if you want to see it up close and personal. If the argument was that there is no real practical value to the baubles, it still holds and we are theoretically still as frivolous under the lure of shiny baubles. [There is a albeit a difference in rareity but you can now manufacture topaz.] If you ask someone, would you prefer a bigger diamond or a bigger down payment on a house, is there really a right answer or is it an arbitrary choice of the participants? Perhaps I'm just spending too much time listening to law professors and just need to go to bed... Happy Wednesday.