Scarcity - Revision history

Pesterbot: /* Links */External Links to Links, replaced: ==External links== → ==Links==

2011-06-21T19:16:36Z

Links: External Links to Links, replaced: ==External links== → ==Links==

← Older revision		Revision as of 19:16, 21 June 2011
Line 8:		Line 8:
	{{Reflist}}		{{Reflist}}

	==~~External links~~==		==Links==
	* [[Wikipedia:Scarcity\|Scarcity]] on Wikipedia		* [[Wikipedia:Scarcity\|Scarcity]] on Wikipedia
	[[Category:Economic concepts]]		[[Category:Economic concepts]]

Forgottenman: /* External links */Category:Economical Concepts --> Category:Economic concepts using AWB

2010-11-09T18:02:44Z

External links: Category:Economical Concepts --> Category:Economic concepts using AWB

← Older revision		Revision as of 18:02, 9 November 2010
Line 10:		Line 10:
	==External links==		==External links==
	* [[Wikipedia:Scarcity\|Scarcity]] on Wikipedia		* [[Wikipedia:Scarcity\|Scarcity]] on Wikipedia
	[[Category:~~Economical Concepts~~]]		[[Category:Economic concepts]]

Pestergaines: 6 revisions: Importing pages from Autrian Economics Wiki.

2010-11-06T12:40:42Z

6 revisions: Importing pages from Autrian Economics Wiki.

← Older revision	Revision as of 12:40, 6 November 2010
(No difference)

Pestergaines: Slightly adjusted.

2010-01-10T10:59:06Z

Slightly adjusted.

← Older revision		Revision as of 10:59, 10 January 2010
Line 1:		Line 1:
	{{Stub}}		{{Stub}}

	All means are scarce, i.e., limited with respect to the ends that they could possibly serve. If the means are in unlimited abundance, then they need not serve as the object of attention of any human action. For example, air in most situations is in unlimited abundance. It is therefore not a means and is not employed as a means to the fulfillment of ends. It need not be allocated, as time is, to the satisfaction of the more important ends, since it is sufficiently abundant for all human requirements. Air, then, though indispensable, is not a means, but a general condition of human action and human welfare.		All means are '''scarce''', i.e., limited with respect to the ends that they could possibly serve. If the means are in unlimited abundance, then they need not serve as the object of attention of any human action. For example, air in most situations is in unlimited abundance. It is therefore not a means and is not employed as a means to the fulfillment of ends. It need not be allocated, as [[time]] is, to the satisfaction of the more important ends, since it is sufficiently abundant for all human requirements. Air, then, though indispensable, is not a means, but a general condition of human action and human welfare.

	Secondly, these scarce means must be allocated by the actor to serve certain ends and leave other ends unsatisfied. This act of choice may be called economizing the means to serve the most desired ends.<ref name="Rothbard_scarcity"> [http://mises.org/rothbard/mes/chap1a.asp#2._First_Implications_ "2. First Implications of the Concept"] Chapter 1-Fundamentals in Human Action, ''[[Man, Economy and State]]'', online edition, referenced 2009-05-01.</ref>		Secondly, these scarce means must be allocated by the actor to serve certain ends and leave other ends unsatisfied. This act of choice may be called economizing the means to serve the most desired ends.<ref name="Rothbard_scarcity">[[Murray N. Rothbard]]. [http://mises.org/rothbard/mes/chap1a.asp#2._First_Implications_ "2. First Implications of the Concept"] Chapter 1-Fundamentals in Human Action, ''[[Man, Economy and State]]'', online edition, referenced 2009-05-01.</ref>

	==References==		==References==

Pestergaines: External links.

2009-06-27T21:08:25Z

External links.

← Older revision		Revision as of 21:08, 27 June 2009
Line 7:		Line 7:
	==References==		==References==
	{{Reflist}}		{{Reflist}}

			==External links==
			* [[Wikipedia:Scarcity\|Scarcity]] on Wikipedia
	[[Category:Economical Concepts]]		[[Category:Economical Concepts]]

Pestergaines: /* References */ Reflist employed.

2009-05-13T14:11:01Z

References: Reflist employed.

← Older revision		Revision as of 14:11, 13 May 2009
Line 6:		Line 6:

	==References==		==References==
	~~<references />~~		{{Reflist}}
	[[Category:Economical Concepts]]		[[Category:Economical Concepts]]

Pestergaines: Adding categories

2009-05-08T14:46:30Z

Adding categories

← Older revision		Revision as of 14:46, 8 May 2009
Line 7:		Line 7:
	==References==		==References==
	<references />		<references />
			[[Category:Economical Concepts]]

Pestergaines: fixed ref

2009-05-01T17:11:10Z

fixed ref

← Older revision		Revision as of 17:11, 1 May 2009
Line 3:		Line 3:
	All means are scarce, i.e., limited with respect to the ends that they could possibly serve. If the means are in unlimited abundance, then they need not serve as the object of attention of any human action. For example, air in most situations is in unlimited abundance. It is therefore not a means and is not employed as a means to the fulfillment of ends. It need not be allocated, as time is, to the satisfaction of the more important ends, since it is sufficiently abundant for all human requirements. Air, then, though indispensable, is not a means, but a general condition of human action and human welfare.		All means are scarce, i.e., limited with respect to the ends that they could possibly serve. If the means are in unlimited abundance, then they need not serve as the object of attention of any human action. For example, air in most situations is in unlimited abundance. It is therefore not a means and is not employed as a means to the fulfillment of ends. It need not be allocated, as time is, to the satisfaction of the more important ends, since it is sufficiently abundant for all human requirements. Air, then, though indispensable, is not a means, but a general condition of human action and human welfare.

	Secondly, these scarce means must be allocated by the actor to serve certain ends and leave other ends unsatisfied. This act of choice may be called economizing the means to serve the most desired ends.<ref name="Rothbard_scarcity" [http://mises.org/rothbard/mes/chap1a.asp#2._First_Implications_ "2. First Implications of the Concept"] Chapter 1-Fundamentals in Human Action, ''[[Man, Economy and State]]'', online edition, referenced 2009-05-01.</ref>		Secondly, these scarce means must be allocated by the actor to serve certain ends and leave other ends unsatisfied. This act of choice may be called economizing the means to serve the most desired ends.<ref name="Rothbard_scarcity"> [http://mises.org/rothbard/mes/chap1a.asp#2._First_Implications_ "2. First Implications of the Concept"] Chapter 1-Fundamentals in Human Action, ''[[Man, Economy and State]]'', online edition, referenced 2009-05-01.</ref>


	==References==		==References==
	<references />		<references />

Pestergaines: Created stub for Scarcity

2009-05-01T17:09:16Z

Created stub for Scarcity

New page

{{Stub}}

All means are scarce, i.e., limited with respect to the ends that they could possibly serve. If the means are in unlimited abundance, then they need not serve as the object of attention of any human action. For example, air in most situations is in unlimited abundance. It is therefore not a means and is not employed as a means to the fulfillment of ends. It need not be allocated, as time is, to the satisfaction of the more important ends, since it is sufficiently abundant for all human requirements. Air, then, though indispensable, is not a means, but a general condition of human action and human welfare.

Secondly, these scarce means must be allocated by the actor to serve certain ends and leave other ends unsatisfied. This act of choice may be called economizing the means to serve the most desired ends.<ref name="Rothbard_scarcity" [http://mises.org/rothbard/mes/chap1a.asp#2._First_Implications_ "2. First Implications of the Concept"] Chapter 1-Fundamentals in Human Action, ''[[Man, Economy and State]]'', online edition, referenced 2009-05-01.</ref>

==References==
<references />