On Freedom

Or Why We Choose to be Chained

“close up photo of chain” by Kaley Dykstra on Unsplash

Scarcity refers to the fundamental economic problem of the gap between limited resources and theoretically limitless wants. The mismatch between the supply and demand wobbles the delicate equilibrium, and the market rearranges the terms to achieve once again the desired balance. It succeeds in doing so by raising the price.

In simple words, the scarcer the…