Ode to the Warehouse - Jeffrey A. Tucker - Mises Daily

Ode to the Warehouse - Jeffrey A. Tucker - Mises Daily: "every item stored in a warehouse is seemingly idle in an economic sense, not currently employed in consumption or production. Everything is held here on the presumption that at some point someone will purchase it. This cannot be known for sure. It is a speculation, an entrepreneurial judgment that could be right or wrong.

If there were perfect information about the future, the warehouse wouldn't exist at all. All goods would be manufactured on a need-be basis only, with no storage needed or necessary. Despite its stillness and orderly calm, then, the warehouse embodies a wild leap into the unknown — a physical monument to the human capacity to imagine a future we cannot see."