kaal:claim:5886442-010

Scarcity is not a parameter within the neoclassical model but the model's transcendental condition of possibility, the axiom that makes choice meaningful and economics possible as a distinct discipline.

Source quote, verbatim

In short, scarcity is not a parameter in the neoclassical model. Scarcity is the model's transcendental condition of possibility.

From

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), Neoclassical Economics and the Scarcity Postulate, p. 11
https://ssrn.com/abstract=5886442 · source PDF

Cite as

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

Classification

definitionalsupport: arguedeconomics

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