[FoRK] Special Circumstances

[James Tauber]

On Apr 4, 2008, at 2:50 PM, Kevin Elliott wrote:
> I think the key issue is that in a true post-scarcity world, the  
> entire science of economics loses meaning.  Economics is about how  
> to allocate scarce resource- no scarcity, no economics.

Don't opportunity cost (even if just of time) and incentives still  
matter in a post-scarcity world? If so, economics would still have a  
lot of meaning, especially the more praxeological-style of the  
Austrian school.

James