Publisher's Synopsis
Imagine if you could look at the world through a prism of abundance rather than of scarcity.
The so-called 'father' of Economics is Scotsman Adam Smith. He wrote the book "An Inquiry into the Nature and Causes of the Wealth of Nations" which is said to be one of the most important economic books of all time and was first published in1776. However, the most widely accepted and recent definition of economics is: -"Economics is the science that studies human behavior as a relationship between end results and scarce means which have alternative uses." Lord Robbins 1932 Does these fundamental idea of scarcity, that is taught everywhere, still hold true? Does an environment underpinned by the idea of scarcity, and fueled by associated emotions, encourage selfish behavior both on an individual and a systemic level? Does the assertion that things are scarce drive an environment of greed, of everyman for themselves, of kill or be killed and only the strong survive? Has the education system worldwide evolved to reflect the bewildering amount of change in the fundamental nature of our society since the industrial revolution?
