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Scarcity
Refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants.
Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources
Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources
