Land, scarcity, and property rights

Scarcity of land is the result of a political process. Only goods and services that are used up through consumption (subtractability) can become scarce (Ostrom et al. 1994). 1 Scarcity is usually thought to be found in situations where limited resources are confronted with demands (or needs) that outreach the available supply. But the story becomes a bit more complex if the rules and regulations that support the (unequal) appropriation and distribution of resource units are taken into account in the analysis, which a political approach to scarcity does