Economics in the Age of Abundance
As humankind enters an age of abundance, the biggest challenge facing economists will no longer be to find the best ways to allocate scarce resources. Rather, it will be to help people protect themselves from manipulation.
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BERKELEY – Until very recently, one of the biggest challenges facing mankind was making sure there was enough to eat. From the dawn of agriculture until well into the Industrial Age, the common human condition was what nutritionists and public-health experts would describe as severe and damaging nutritional biomedical stress.