Modern economics is based on the idea that every good and service is scarce, but the standard defenses of this premise by reference to zero prices and infinite resources are invalid. The concept of scarcity is defined and used to show that ordinary scarcities are not economic scarcities. The errors regarding scarcity are traced to the methodology of modern economics, and an alternative method is suggested for a science whose subject matter is real human beings. The concept of relative scarcity is explained, and used to illuminate some important aspects of the functioning of a market economy. Some of the consequences are identified for economics if economists recognized that universal scarcity is not a fact
The main reasons behind scarcity are the higher expenditure of resources per commodity unit, the slo...
Summarization: Against a backdrop of a critical review of mainstream, more or less naturalistic conc...
Economic sociology has established itself as a strong and vibrant field in the social sciences. A nu...
Modern economics is based on the idea that every good and service is scarce, but the standard def...
In its simplest form, scarcity refers to the quantitative relationship between means and ends. When ...
Different economic schools have studied the scarcity concept, reaching otherexplanations. Accordingl...
This paper explores whether market-based scarcity indicators can reflect re-source scarcity correctl...
While the psychology of resource scarcity is a new research area, the universality of resource scarc...
The bias generated by the subjective perception of scarcity on the consumer’s choice is discussed fr...
“Wealth is not wealth because of its substantial properties. It is wealth because it is scarce” (Rob...
Scarcity is a basic concept in modern economics. Thisarticle briefly describes the changes that the ...
According to psychological research, scarcity increases an object\u27s desirability. Although incons...
A marginalist notion of scarcity is opposed to a Classical-Keynesian-Sraffian notion. The two notion...
Traditional micro-economic theory assumes that consumer preferences are independent of market forces...
This article analyzes the impact of scarcity on consumer behavior and on perception of scarce good...
The main reasons behind scarcity are the higher expenditure of resources per commodity unit, the slo...
Summarization: Against a backdrop of a critical review of mainstream, more or less naturalistic conc...
Economic sociology has established itself as a strong and vibrant field in the social sciences. A nu...
Modern economics is based on the idea that every good and service is scarce, but the standard def...
In its simplest form, scarcity refers to the quantitative relationship between means and ends. When ...
Different economic schools have studied the scarcity concept, reaching otherexplanations. Accordingl...
This paper explores whether market-based scarcity indicators can reflect re-source scarcity correctl...
While the psychology of resource scarcity is a new research area, the universality of resource scarc...
The bias generated by the subjective perception of scarcity on the consumer’s choice is discussed fr...
“Wealth is not wealth because of its substantial properties. It is wealth because it is scarce” (Rob...
Scarcity is a basic concept in modern economics. Thisarticle briefly describes the changes that the ...
According to psychological research, scarcity increases an object\u27s desirability. Although incons...
A marginalist notion of scarcity is opposed to a Classical-Keynesian-Sraffian notion. The two notion...
Traditional micro-economic theory assumes that consumer preferences are independent of market forces...
This article analyzes the impact of scarcity on consumer behavior and on perception of scarce good...
The main reasons behind scarcity are the higher expenditure of resources per commodity unit, the slo...
Summarization: Against a backdrop of a critical review of mainstream, more or less naturalistic conc...
Economic sociology has established itself as a strong and vibrant field in the social sciences. A nu...