Touchstone Terms: The Accursed Share

This is a part of a series on terms and concepts that I find particularly resonant. We usually say that the fundamental rule of economics is scarcity: there are never enough widgets (food, housing, gadgets) to meet all the demand And even where we seem to be endowed with wealth, we still face¬†opportunity costs¬†for doing… Continue reading Touchstone Terms: The Accursed Share