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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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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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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Like oxygen in the air. It's not free (taxes pay for clean air etc), but it's not worth counting pennies over. For most people the price movements of air are in indifference zone and supply is effectively never constrained relative to demand
Clean air is not in my indifference zone. Abundance can be an accurate descriptor for one person and not for another. Also, it can be really annoying to care about things that others do not care about, talk about or measure. Makes them hard to find.
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