> Economics is the study of the statistical, game theoretic, and computational properties of a market. I was taught in my Econ 1 textbooks that Economics is th

> Economics is the study of the statistical, game theoretic, and computational properties of a market. I was taught in my Econ 1 textbooks that Economics is the study of scarcity. Game theory and stats didn't enter into it until much later. Either way, it's just a semantics question about what "economics" means. The author has a real point about what's actually scarce here, and the contrast with people's expectations is a good one.