Post-scarcity is a theoretical economy where goods, services, in addition to information are widely accessible. The term post-scarcity economics is something of a misnomer because scarcity is a defining feature associated with modern economics. Quoting a 1932 essay authored by Lionel Robbins, economics is actually: “the science which in turn studies human behaviour as being a relationship between concludes and scarce means which may have alternative uses.”
More Post
Latest Post
-
Having a Sweet Appetite is connected to an increased risk of Depression, Diabetes, and Stroke
-
Low-impact Yoga and Exercise can help Elderly Women Control Urine Incontinence
-
Calcium Azide – a chemical compound
-
A Study Reveals that Drinking Coffee while Pregnant is Safe for the Baby’s Brain Development
-
Travel may be the Most Effective Defense against Aging
-
Difference between Kinetic Energy and Potential Energy