Word: abundanceã
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Dates: during 2003-2003
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There is only one important resource that shows a trend of increasing scarcity rather than abundance??€”human beings. Although there are more people on earth than ever before, their increasing economic scarcity, as indicated by rising wages, is a consistent trend in poor countries as well as wealthy ones. This rising value proves economist Julian Simon’s declaration that the spirit and creative mind of a human person is “the ultimate resource...
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