Some Economics of Abundance
Published in
11 min readNov 20, 2019
Scarcity is often considered a natural, eternal condition. There is not, and cannot be, enough for everybody, wrote Thomas Malthus in 1798:
“…the power of population is indefinitely greater than the power in the earth to produce subsistence for man.”
Because of resource scarcity, life is not free; we must earn our livings. Surely, life has never been ‘free’. All species appear to organize…