Abundance is really hard to measure. Economics kinda ends at zero price. You need something like imaginary numbers for price, since negative price is simply regular price with transaction direction reversed.
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Replying to @doriantaylor
Sure, but that doesn’t mean abundance does not have distinctive dynamics or that it is subsumed by the nearest scarcity
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Replying to @vgr
do we have a formal definition of abundance? eg for a given X there is so much X it isn't worth counting it?
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Replying to @doriantaylor
I'd probably aim at a definition of abundance in terms of something like a 'frame good' as in frame problem of AI. Something not worth the trouble to price accurately, whose availability may go up and down but never get critical.
2:41 PM - 1 Oct 2018
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