Daoud, Adel - In: American Journal of Economics and Sociology 69 (2010) 4, pp. 1206-1229
The problem of scarcity is often talked about, but it is rarely clearly defined. In this article, two different views of scarcity are outlined: absolute and relative scarcity. These two are respectively exemplified by Malthus's and Robbins's views of scarcity. However, both of these views tend...