The country remains dependent on oil. But as we are now learning, oil is becoming increasingly scarce.
If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
Getting our military back on stable footing won't happen overnight. We must start this process now, since future engagements are likely and allies are scarce.
The truth is that nearly everybody is right about some things and wrong about most things; and if a man's testimony is not to be taken until he is right on every subject, witnesses will be extremely scarce.
An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.
Growing up the way I grew up, food was scarce. So when you had an opportunity to eat, you ate. When I graduated from high school and went to college, I weighed 160 pounds. So, I knew I had to put on the weight. I ate everything from fried food to fried chicken wings. When I came to Green Bay, I did the same thing because I was 172 pounds.
If we do not change our negative habits toward climate change, we can count on worldwide disruptions in food production, resulting in mass migration, refugee crises and increased conflict over scarce natural resources like water and farm land. This is a recipe for major security problems.
Tokenization applies to scarce assets. Today, the most appropriate thing to tokenize is something that's purely digital. Bitcoin and ethereum are the canonical.
Anything scarce will ultimately be tokenized because the benefits of digitization and increased liquidity are so great.
Essentially, wines are fermented grape juice, so I'm trying to make the point that the wine world is about scores and marketing and kind of creating a scarce resource where they don't really exist.
Our eyeball hours are scarce, indeed. That's why Google wants us to do as much as possible online, in range of their ads, and is willing to spend billions creating more reasons and ways for us to do so.
Climate change, in some regions, has aggravated conflict over scarce land, and could well trigger large-scale migration in the decades ahead. And rising sea levels put at risk the very survival of all small island states. These and other implications for peace and security have implications for the United Nations itself.
It's well-known that people don't respond to scarce resources necessarily in what we might consider a positive light.
Global warming will threaten our crops, so natural food will be scarce. Hourglass, curvy bodies will be the aspirational beauty standard, representing that those women have access to bounties of fulfilling yet healthy food, which means they are affluent.
The bottom line is that we have entered an age when local communities need to invest in themselves. Federal and state dollars are becoming more and more scarce for American cities. Political and civic leaders in local communities need to make a compelling case for this investment.
The forties, seventies, and the nineties, when money was scarce, were great periods, when the art world retracted but it was also reborn.
