Scarcity, Abundance and Universal Basic Income

Scarcity, Abundance and Universal Basic Income

Imagine living in a arid environment that cannot sustain many animals or vegetation. You’re in a small community that uses a mix of farming and harvesting for food resources. It’s also over 100 miles to get to any other village, by foot due to the bad terrain. In this environment, you all manage to get just enough food and water to keep everyone alive and relatively healthy given the circumstances. Yet in the last drought several people in the community died, luckily this year isn’t quite as bad.

Scarcity

It likely goes without saying, but in these types of […]

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