What is the volume of water in lakes on Earth? Using a mathematical analysis, researchers now suggest that the mean depth of lakes is 30 per cent lower than previously estimated. Shallower lakes ...

Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial ...

Let’s talk about scarcity: what it is, and how it relates to the dollar, gold and bitcoin. First let’s start by defining it. Scarcity is the gap between the limited supply of various resources and the ...

A lot of attention has been paid in recent years to the carbon footprint of the foods we eat, with much of the focus on the outsize contribution of meat production and especially beef. A lot of ...

Economics is the study of how we use our limited resources (time, money, etc.) to achieve our goals. This definition refers to physical scarcity. In a recent book titled Scarcity, Mullainathan & Eldar ...