From scarcity to abundance
"The first wealth is health." — Ralph Waldo Emerson1
Every science rests on foundational assumptions so deep they become invisible. In physics, it was once absolute space and time — until Einstein revealed them as relative. In biology, it was the fixity of species — until Darwin showed them as flowing. In economics, the foundational assumption is scarcity: the idea that human wants are infinite while resources are finite, and that the entire discipline exists to study how we allocate scarce means among competing ends.
This assumption is not entirely wrong. It is, however, profoundly incomplete — and the incompleteness has shaped everything built upon it.