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The resources people need: ice to cool insulin, food, healthcare, day care, basic housing, etc. are not scarce, or at the very least scarcity is fixable for lit
by jopsen 9y ago
The resources people need: ice to cool insulin, food, healthcare, day care, basic housing, etc. are not scarce, or at the very least scarcity is fixable for little money.
You just need to be a little less greedy.
- wyager 9y ago> healthcare, day care, basic housing, etc. are not scarce “Scarce” in economics doesn’t mean “rare”, it means “has a non-zero marginal cost” and usually “has a concave supply curve”.
- jopsen 9y agoMy point wasn't to say that these were free. Merely that they idea that everybody can't have it, and there it must be rationed by economic means is a little crazy. We can't all have private jets; but efficiency gains in food production suggests we can easily produce enough food. We are choosing not to distribute it.