The Time
CHAPTER 1
THE AMAZING THEORY OF RAW-MATERIAL SCARCITY
The Great Toy Shortage
Forget it, Virginia. Santa won't be leaving a "Star
Wars" R2-D2 doll under the tree this year - just
an I.O.U. promising you one at some vague time
between February and June. Don't count on a Mego
Micronaut kit for building your own robot either, or
a Milky the Marvelous Milking Cow, which drinks
water when its tail is pumped, moos …
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…us. Governments may prevent the
price of a scarce material from rising high enough to "clear the market" - that is, to
discourage enough buyers so that supply and demand come to be equal, as they
ultimately will be in a free market. If so, there may be waiting lines or rationing,
and these may also be taken as signs of scarcity. But though lines and rationing may
Bibliography
Young and gifted , but not talented
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