Thursday 24 April 2008

the revenge of malthus

i remember being introduced to the concept of "scarcity" in economics as a 14 year old. but this is really the first time i've seen the phenom in operation. the news nowadays is all about "shortages": fuel (thanks, china), food, water, housing, eligible dates and parking spaces. the only thing there's a surplus of is muslims, and nobody wants those. in a particularly cruel example toy-makers are no longer manufacturing the "horrible gelatinous blob" action-figure from "futurama". now that's really going to hurt.

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