Monday, March 30, 2009
Scarcity, does anyone really understand it?!?
OK, we all know that there is only so much stuff (goods & services) to meet everyone's unlimited wants at a price of zero. Only with God (see Matthew 14:19 - 21) does scarcity not apply.
Sometimes one wonders if scarcity is another result (besides country music) of the fall of man (Scott Huckaby, Freedom Baptist High School Bible Teacher).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Share your unique economics experiences. What did you have to give up to gain that which at the moment seemed so necessary to you? Imperfect information spanked you and now diminishing marginal utility smacks you upside the head, eh?