Xerographica comments on What Scarcity Is and Isn't - Less Wrong
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Is everybody going to have their own replicators on a spaceship? If so, just how big are they going to be? And, if they are big enough to replicate an elephant... then... it seems like it's useful to think of the alternative uses of the space that all the large replicators and their produced items take up on a ship with limited space.
So at no point do you ever truly get away from the benefit maximization problem. Right now I have a bunch of bookcases filled with books. In theory I could free-up a bunch of space by digitizing all my books. But then I'd still have to figure out what to do with the free space.
Basically, it's a continual process of freeing up resources for more valuable uses. Being free to valuate the alternatives is integral to this process. You can't free-up resources for more valuable uses when individuals aren't free to weigh and forego/sacrifice/give-up the less valuable alternatives.
Some good reading material...
Those are entirely valid points, but they only show that human desires are harder to satiate than you might think, not that satiating them would be insufficient to eliminate scarcity. And in fact, that could not possibly be the case even granting economy's definition of scarcity, because if you have no unmet desires, you do not need to make choices about what uses to put things to. If once you digitize your books, you want nothing in life except to read all the books you can now store, you don't need to put the shelf space to another use; you can just leave it empty.
Human desires are harder to satiate than I might think? Well...I think that human desire is insatiable. Let's juxtapose a couple wonderful passages...
...and...
Human desire is limitless. The challenge is to figure out how to help people understand that we sabotage progress when we prevent each and every individual from having the freedom to prioritize their desires. And prioritizing desires doesn't mean making a list... it means sacrificing accordingly. This effectively communicates to others what's really important to us. Without this essential information... how can other people make informed decisions about how to put society's limited resources to more valuable uses?
Right now we can't choose where our taxes go. Instead, we elect a small group of people to represent humanity's powerful desires for a better world. The point of understanding concepts such as "scarcity" and "opportunity cost" is to effectively evaluate the efficacy of our current system. If it's beneficial to block your valuations from the public sector... then why isn't it beneficial to block your valuations from the private sector? Why do your unique private priorities matter but your unique public priorities do not? How can your freedom to sacrifice a fancy dinner for 10 books be more important than your freedom to sacrifice the drug war for cancer research?
I've given this article a thumbs up. Does this effectively communicate how much I value it? Does the number of thumbs up that this article has received effectively communicate how much we value it? Does it really matter how much everybody on this forum values this article? Does it really matter how much we'd be willing to sacrifice/forego/give-up for this article?
The point that I'm trying to make is that these economic tools aren't fancy paperweights. Whether our institutions are the forums that we participate in... or the governments that we pay taxes to... these economic tools serve a fundamentally important purpose of helping us to better understand our institutions. In the absence of this better understanding it's less likely that we'll greatly improve our institutions. No institution is perfect... and neither are the tools that we need to understand them.