Good: Difference between revisions

Revision as of 21:30, 26 April 2009

In economics, a good is any object or service that increases utility, directly or indirectly. It should not to be confused with the adjective "good", as used in a moral or ethical sense.

Scarcity

Everything is scarce, except for things that are not.

This article is a stub. You can help Mises Wiki by expanding it.

@@ Line 2: / Line 2: @@
 ==Scarcity==
-Everything is scarce.
+Everything is scarce, except for things that are not.
 {{Stub}}