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On Scarcityby@knut.svanholm

On Scarcity

by Knut Svanholm3mSeptember 27th, 2018
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<span>W</span>hat makes something scarce? What other properties can be deducted from an object’s scarcity? How are scarcity, energy, time and value connected? Scarcity might seem easy to describe on the surface but in reality it’s not. Not when you take the concept of infinity into account. Infinity is a concept that has puzzled the human mind for as long as it has been able to imagine it. It is a very abstract concept and it’s always linked to time simply because even imagining an infinite number would take an infinite amount of time. If we truly live in an infinite universe, scarcity cannot exist. If something exists in an infinite universe it, an infinite number of copies of this something must also exist since the probability of this being true would also be infinite. Therefore, scarcity must always be defined within a set framework. No frame, no scarcity.

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Knut Svanholm

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