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Alternatives to the scarcity principle

Publication ,  Journal Article
Darity, W
Published in: Journal of Economic Education
January 1, 2022

Dominion of the scarcity principle as the basis for economic analysis is virtually absolute in teaching the introductory course in economics. This supremacy is neither valid nor desirable. Two compelling alternative foundational concepts for economics are uncertainty and inequality. These alternatives lead to vastly different implications for the development of economic analysis than scarcity and vastly different implications for the teaching of economics.

Duke Scholars

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Published In

Journal of Economic Education

DOI

EISSN

2152-4068

ISSN

0022-0485

Publication Date

January 1, 2022

Volume

53

Issue

4

Start / End Page

340 / 347

Related Subject Headings

  • Economics
  • 3901 Curriculum and pedagogy
  • 1302 Curriculum and Pedagogy
 

Citation

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Darity, W. (2022). Alternatives to the scarcity principle. Journal of Economic Education, 53(4), 340–347. https://doi.org/10.1080/00220485.2022.2111387
Darity, W. “Alternatives to the scarcity principle.” Journal of Economic Education 53, no. 4 (January 1, 2022): 340–47. https://doi.org/10.1080/00220485.2022.2111387.
Darity W. Alternatives to the scarcity principle. Journal of Economic Education. 2022 Jan 1;53(4):340–7.
Darity, W. “Alternatives to the scarcity principle.” Journal of Economic Education, vol. 53, no. 4, Jan. 2022, pp. 340–47. Scopus, doi:10.1080/00220485.2022.2111387.
Darity W. Alternatives to the scarcity principle. Journal of Economic Education. 2022 Jan 1;53(4):340–347.

Published In

Journal of Economic Education

DOI

EISSN

2152-4068

ISSN

0022-0485

Publication Date

January 1, 2022

Volume

53

Issue

4

Start / End Page

340 / 347

Related Subject Headings

  • Economics
  • 3901 Curriculum and pedagogy
  • 1302 Curriculum and Pedagogy