What is the monetary worth of planet Earth?

Question

Just wondering.......
Also do you think the good balances with the bad in terms of ethical events?

Answer 1

As of 2006 the CIA estimate GWP (gross world product): $65.95 trillion

https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html#Econ

As for good balancing bad in ethical terms - I'm an eternal optimist and would like to think that good outweighs bad in the long term.

Answer 2

An economics professor once told me that an item is worth whatever someone is willing to pay for it. So in essence, if there is no buyer willing to pay a fair price for an item then it is essentially worthless. You may have a house in a crappy neighborhood which you spent a fortune to upgrade, but nobody will buy it for the price you want because of the neighborhood....thats earth....a real expensive place in a crappy neighborhood.

Since nobody will buy earth at any price it is worth nothing.

Second part of your question....good seems to outweigh evil fairly heavily. The proof of that is that humanity makes progress year after year and suffering is alleviated and reduced consistently. I know it may not seem that way when you watch the news but a realistic objective look at the human condition over any timeframe would show vast improvement. We live longer, infant mortality is down, literacy is up, less people starve etc....

Answer 3

properly, once you're o.ok. with a tumbler-0.5-empty form of outlook on it, no longer something. i think of that till we are able to discover a which ability to the existence of people/earth, and something that we are doing that may not stay, create existence, and die, then we've not have been given any honestly properly worth in the universe as an entire. The Earth, as a planet, is a diverse matter completely (assuming there have been no people on it). it ought to be seen a miracle, i assume, that we are able to maintain sensible existence, yet how do all of us comprehend we are the 1st to be waiting to realize this? Now if this 'astonishing miracle that ought to no longer rather be this variety of miracle' to maintain existence is taken out of the equation, because of the fact this is possibly very irrelevant, the earth is amazingly insignificant. heavily, we are comparable to an ATOM in the whole of the universe, no longer merely in length yet in relevance. you ought to study the Hitchhiker's handbook to the Galaxy, it supplies such genuine, humorous perception into the real insignificance of earth and people.

Answer 4

Re limik32's answer. I live in a real nice house, in good condition, in lovely surroundings , in an otherwise good nieghbourhood, apart from my next door "nieghbour from hell" who really does devalue the whole area for all to live in. This probably would affect the sale price of the little area of our planet that I live on. Best way I can think to find out how much planet earh is worth is sell it on ebay.

Answer 5

Value to whom??? A prospective buyer?

And, really, time marches onward, regardless of the good, the bad, and the beautiful, and ugly. Time continues to march onward. I find it hard to describe such things as Hurricanes, Tornados, Draughts, Tsunamis and Earth Quakes as ethical events.

Answer 6

I have a way to answer your question, Annabel, but it will take a while. Will edit this later with the answer.

Edit:
Oh. I was going to calculate the gross world product by using the GDP per capita of each country multiplied by its population, as found on BBC country profiles. But someone above has already found the gross world product lol.

Answer 7

planet earth is just priceless

at least noone ever managed to put a price tag on it large enough to be seen from outer space.

Answer 8

Priceless...for everything else we will need in this world there is Mastercard.

Answer 9

more than the human race could afford to pay im sure... no idea what that amount would be though!!!

Answer 10

Whatever it is, it's going down day by day!