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 ...

History is littered with widely believed long-term economic forecasts that prove to be highly mistaken. Remember when it was generally believed that first Russia and then Japan would eat our economic ...

There's a debate about the meaning of economic scarcity going on all over the Web, most recently set off by Chris Anderson's "Economy of Abundance" talk at Pop!Tech, that David Hornik and Ross ...