Windmills and Will Smith

Who would have thought that there would be a connection between wind turbines and celebrities? You wouldn't normally put the two ideas together, but they actually have more in common than you'd think.

The wind turbine industry is a competitive one. Wind turbine farms require a lot of open space and farmers who are willing to give up their open space to set up wind turbine farms. Farmers usually have many offers put on their tables. Those farmers are needed to create the wind turbine farms. They own the "scarce but necessary input."

Just like farmers, celebrities also own the "scarce but necessary input." In this case, the input is not land but talent. Actors, singers, and comedians like Will Smith are paid as high a salary as they are because they have the scarce talent that is needed.

WHAT OTHER THINGS ARE SO VALUABLE BECAUSE THEY OWN THE "SCARCE BUT NECESSARY INPUT?"

Source: http://www.forbes.com/sites/timworstall/2011/07/03/celebrities-why-do-they-get-so-much-money/ "Celebrities: Why Do They Get So Much Money?"
This article can be considered credible because it was written by Tim Worstall, a contirbutor to Forbes Magazine. Forbes is a highly respected news source. Also, this source can be trusted because the author, Tim Worstall, specializes in commentating on business and technology, and this topic clearly falls under the business category. This source is also credible because it was published fairly recently in 2011.

Images: www.geograph.org.uk; www.fotopedia.com