Re: Scarcity and limitedness - again (was: Re: [ox-en] Commons in a taxonomy of goods)

Patrick Anderson <[email protected]>
Newsgroups gmane.politics.oekonux.english
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
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