[P2P-F] how to call the study of the economics of abundance?

Mon Mar 7 21:38:19 CET 2011

> On Thu, Mar 3, 2011 at 9:54 PM, Dante-Gabryell Monson
> <dante.monson at gmail.com> wrote:
>>
>> :)
>> I notice on
>> http://en.wikipedia.org/wiki/Praxeology
>> "Von Mises writes that economics, the study of human choice under
>> conditions of scarcity, can be treated as a specialization of praxeology,
>> the study of all human action."
>> ... it makes me wonder, what would be called "the study of human choice
>> under conditions of abundance" ?

Well, I don't think Mises would consider it economics at all, since
both he and Menger (the founder of the Austrian school) defined
abundant goods ("too cheap to meter") as "noneconomic goods."

I suppose there could be a meta branch of economics concerning the
shifting balance between economic and non-economic goods, or the
increasing share of consumption that comes from the non-economic
realm.

-- 
Kevin Carson
Center for a Stateless Society http://c4ss.org
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