"I'm fascinated by your points about Venezuela -- and how the three questions apply there. I think, though, that in much of the world, the downturn represents not the end of abundance, but merely a slight reduced form of it. Especially in countries like the US, the material standard of living...
Scarcity can be defined as the ownership of something tangible which necessarily excludes others from using it. Thus, if I own a fork, I exclude others from using it, unless I either give it away or temporarily transfer availability of it to someone else, which in turn means I cannot at that point in...
Posted to
Solredime
by
Solredime
on
Fri, Aug 7 2009
Filed under:
Filed under: regulation, intervention, non-scarcity, intellectual property, monopoly rights, IP, copyright, copyleft, creative commons, scarcity
In June, I made a number of comments to Bob Murphy in response to his blog post entitled, Cap and Trade Is Not a "Market Solution" ; Bob declined to respond at that time. One of my comments was that Bob (1) ... unfairly conclude that, since it will be government that will be implicitly pricing...
This article in Forbes acknowledges that scarcity of water is leading to water markets, which will lead to more rational use of water. ...scarcity has already spawned informal water markets in parts of Texas and Mexico. The prospect of shortages has attracted a growing number of venture capital firms...
The idea of positive rights is that people have a "right" to be given particular benefits, material resources or services by others. They represent claims of a right to recieve positive benefits from other people, in the abscence of any actual "debt" incurred. They require people...