Post
Topic
Board Economics
Re: Read this before having an opinion on economics
by
JA37
on 02/05/2011, 17:06:51 UTC
Ideas, or "ideal objects" are not scarce in the economic sense. Wood is scarce because you and I can't use the same wood at the same time. A story, song, piece of software (etc) are not scarce because you and I can use them at the same time.

Time is scarce. Yet somehow you feel that you have the right to mine.