Some points from Nobel Laureate economist Gary Becker:
- We’ll never have more time. This means time is a scarce resource, so no Utopia because there will always be scarcity: “For while the growing abundance of goods may reduce the value of additional goods, time becomes more valuable as goods become more abundant. Utility maximization is of no relevance in a Utopia where everyone’s needs are fully satisfied, but the constant flow of time makes such a Utopia impossible.” Read more: http://www.businessinsider.com/gary-becker-on-utopia-2014-5#ixzz30m0VlxgH
