Quote:
Originally Posted by a_Username
You should have probably have added that "fixed supply" describes every resource on the planet. In fact, you'll find some form of that phrase in nearly any definition of scarcity. Now, here's the chance to earn 5 Camaro Points by correctly answering the following question that is probably found in any introductory microeconomics class: what type of economic arrangement is best suited to deal with the issue of scarcity? If you thought market, then you are right! If you thought command-and-control, then you probably failed that class!  |
The last line in my post mentioned that other things were depleting on the earth as well and I was asking where the false panic was over those things.
But you are correct!