×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Economics is about abundance, not scarcity

Two words seem to preoccupy economists, who consider themselves the high priests of social sciences: scarcity and money.

The first word has wreaked havoc on our socio-economic systems. We always think there is not enough of anything. This scarcity mentality has led to unhealthy competition and strange behaviour.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in