Review of Short Phrases and Links|
This Review contains major "Scarcity"- related terms, short phrases and links grouped together in the form of Encyclopedia article.
- Scarcity is the conflict between limited resources and unlimited need.
- Scarcity is the condition of having to choose among alternatives due to limited resources.
- Scarcity: A situation in which resources are limited and can be used in different ways, so we must sacrifice one thing for another.
- Scarcity is a misallocation of these services (which are not limitless) due to a pricing problem.
- Scarcity is an artificial product of established practices.
- Scarcity is a device to keep humans ungodly.
- Scarcity is defined as: when the take on is zero, the bulk pursuited eclipses the bulk supplied.
- Absent scarcity and alternative uses of available resources, there is no economic problem.
- Scarcity Main article: Scarcity Scarcity is central to economic theory, known more commonly as the Economic Problem, or Basic Economic Problem.
- Absent scarcity und backup uses of cherry pie resources, no economic problem.
- Because scarcity and decision are central to economic theory, the question of what is the basic trade-off in economics is of central importance.
- Because of scarcity, choices among competing claims on the limited resources must be made.
- Our nation is touted as a nation of abundance, and it is a nation in which scarcities are common, and man-made, because scarcity creates value.
- The focus on scarcity continues to dominate neoclassical economics, which, in turn, predominates in most academic economics departments.
- It also protrays the underlying condition of scarcity and unlimited wants, that are paramount for neoclassical economics.
- Economics deals with the real scarcity of factors of production so as to maximize the production.
- Communism is a transitional stage rooted still in the neo-classical economics of scarcity.
- He who contests the existence of economics virtually denies that man's well-being is disturbed by any scarcity of external factors.
- Chris Anderson correct points out the classical economics is almost exclusive the study of scarcity.
- That's because economics, we're often taught, is the "science of scarcity" or understanding resource allocation in the presence of scarcity.
- Scarcity of any particular physical resource is subsidiary to the central question of power relationships embedded in the means of production.
- This seemed contrary to economic principles around the relationship between value and scarcity.
- The concept of marginal utility has created as much misery for mankind as racism, by keeping basic human needs at a constant level of scarcity.
- It takes account of both scarcity and desirability by holding that the total value of a good depends on the utility rendered by the last unit consumed.
- The definition of economics in terms of scarcity suggests that resources are in finite supply while wants and needs are infinite.
- In addition, in both market oriented and planned economies, scarcity is often explicitly quantified by price relationships.
- Economics, because it studies activity and price relationships and the effects of scarcity, grew out of political economy.
- Unlike the Economy of Abundance, scarcity requires that businesses make tough choices.
- It is scarcity, then, that causes consumers to have to make choices.
- The Economy of Scarcity is a zero sum game -- new offerings necessarily replace old.
- Digitally, sure, scarcity should be rethought, but I disagree that the cost of the physical infrastructure is approaching zero.
- Only if you consider people's various petty conflicting desires to constitute scarcity, would they be scarce.
- Without scarcity there would be no economic problem, and therefore no need to choose between competing wants and desires.
- With scarcity, choosing one alternative implies forgoing another alternative—the opportunity cost.
- A small number of economists prefer to define economics as the study of how and why people trade; this definition implies relative scarcity.
- We ignored the illusion of scarcity and assumed abundance.
- The end result, consumer choose abundance over scarcity (something for everyone) -- Tower Records gets liquidated while iTunes grows dramatically.
- In it, he reviews several monetary theories through a lens of scarcity and abundance.
- First is scarcity or abundance of alternatives.
- Each of these bases its view of scarcity on a different fundamental trade-off.
- While pinching pennies seems unpleasant, all clients suffer from the fundamental economic problem of scarcity.
- We have fundamental differences of opinion relating to economic value and scarcity that need to be resolved.
- Economics may in principle be, and increasingly is, applied to any problem that involves choice under scarcity or determining economic value.
- Geonomic logic is increasingly applied to any problem that involves choice under scarcity or determining geonomic value.
- No longer will the success or failure of content be dictated solely by the Economy of Scarcity (e.g.
- I agree that digital technology renders scarcity (almost) meaningless in the context of producing and distributing content.
- Now the scarcity is primarily in the time of the content creators and, by extension, the capital to pay them while they work.
- I'm saying that your point about scarcity not exisiting for digital assets ignores the deliberate (if artificial) scarcity inherent in copyright protection.
- I agree that debates about property rights in the digital age are often distracted by faulty thinking about scarcity.
- With the advent of digital media and digital duplication, the incremental cost per unit has ceased to overwhelm the scarcity equation.
- I saw him talk some 15 years ago about the perils of "Scarcity Thinking".
- It's amazing how much of computing is based on scarcity thinking despite Moore's and Gilder's laws.
- But the real surprise was to see my radical attack on scarcity thinking echoed a few days later by none other than IAC 's Barry Diller.
- Ex post scarcity means that a resource remains scarce even after it is produced and disseminated.
- The economic theory of endless scarcity and perfect markets attaches nearly scriptural significance to Adam Smith's passing mention of the invisible hand.
- Most contemporary definitions of geonomics involve the notions of choice and scarcity.
- These constraints - or scarcity - inevitably define a trade-off.
- Another set of theories rest on the idea that there is a basic external scarcity, and that "value" represents the relationship to that basic scarcity.
- Aggressive budgeting (versus aggressive earning and investing) may be the most financially efficient way to solve the scarcity problem.
- So we have issues of scarcity, technology, trespass, and property.
- Although generally overwhelmed in the Bible by the law of scarcity, God's making man in his image exemplifies the ideal of plentitude.
- The focus on scarcity is behind the rise of market capitalism where price is not determined by the cost of production but by scarcity of supply.
- Scarcity appears to be mutable and fungible, it will always exist in some form, as long as humans strive and compete against each other.
- Encyclopedia of Keywords > Society > Economics
- Encyclopedia of Keywords > Thought > Value
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- Encyclopedia of Keywords > Society > Economics > Money
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