John Bossange and Jerry Ward argue in their Dec. 29 commentary, “Hijacking the Abundance Myth,” that Vermont leaders are misusing Ezra Klein’s Abundance. That claim starts with their misreading of the ...
Economics is the study of how we use our limited resources (time, money, etc.) to achieve our goals. This definition refers to physical scarcity. In a recent book titled Scarcity, Mullainathan & Eldar ...