Shortage

a condition where the quantity demanded is greater than the quantity supplied at the market price.

Episode 601: The Chocolate Curse - Planet Money

Today on the show, we learn about one man in Ecuador who came up with an answer to the global cocoa shortage

Are We Running Out of 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
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