Re: Scarcity and limitedness - again (was: Re: [ox-en] Commons in a taxonomy of goods)
Patrick Anderson <[email protected]>
| Newsgroups | gmane.politics.oekonux.english |
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| Message-ID | <[email protected]> |
Stefan Merten wrote: > Scarcity describes a situation where despite > better knowledge there *won't* be more apples > - for instance to keep the prices high. This is commonly referred to as "artificial scarcity" because it is constructed by those seeking profit. It is a common and old problem. One of my favorite writers on the subject is Frédéric Bastiat with his sarcastic approach such as http://Bastiat.org/en/petition.html A modern example is Belgian farmers destroying milk to raise prices: http://www.youtube.com/watch?v=pDAjMcDWDZ0 Also see the comments from Zikzak at http://P2PFoundation.net/Artificial_Scarcity _________________________________ Web-Site: http://www.oekonux.org/ Organization: http://www.oekonux.de/projekt/ Contact: [email protected]