Library · Tag

Scarcity

An annotated collection of 2 books & papers on scarcity, spanning 1997 to 2000. Featuring works by Michael H. Goldhaber, Thomas Sowell — each with editorial commentary oriented to digital product practice.

The Attention Economy and the Net

Michael H. Goldhaber, 1997 · First Monday, Vol. 2, No. 4

Goldhaber's 1997 essay coined "the attention economy" as a framework for understanding the internet — the argument that in a world of information abundance, the scarce resource is not information but human attention, and…

Basic Economics: A Common Sense Guide to the Economy

Thomas Sowell, 2000 · Basic Books (5th edition, 2014)

Sowell teaches economics through examples and without equations. The book's claim is that most policy debates are muddled because people do not have a clear picture of how prices, incentives and tradeoffs actually work —…