scarcity

Posted by admin on Sunday, June 24, 2018

basic economic issue, the gap between limited resources and unlimitled wants. to make choices about how best to use resources to satisfy basic needs and as many other of societies wants at possible

Charles Eisenstein: Scarcity of Money
Charles Eisenstein Money Quote saying lack leads to fear of lack and overcompensation to fend off the scarceness - so we focus on being without to the detriment of gratitude
Robert A. Heinlein: Commercial Financing Commodity
Robert A. Heinlein Money Quote saying banks could finance commercial loans by charing reasonable fees, but instead commoditize cash based on scarcity
Peter Joseph: Economic Scarcity Mover
Peter Joseph Money Quote saying economic principle makes business prosperous in scarcity and restricted availability for desired commodities provided exclusivity
Milton Friedman: Scarcity in Midst of Plenty
Milton Friedman Money Quote saying he could not abide by the conflicting existence of poverty when there is wealth everywhere surrounding us
Adam Smith: Common Scarcity
Adam Smith Money Quote saying (The Wealth of Nations, 1776) that one of the most frequent complaints heard is that there isn't enough money

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