Abundance and Scarcity: Classical Economic Thought

  • Ayman Reda
Part of the Palgrave Studies in Islamic Banking, Finance, and Economics book series (IBFE)


This chapter examines the views of the classical economists on the topic of scarcity and abundance. In particular, we examine the views of David Hume, Adam Smith, Thomas Robert Malthus, David Ricardo, and John Stuart Mill, and the enduring impact such views had on the subsequent intellectual discourse. The chapter highlights the great intellectual transformation that occurred relative to the earlier Greek and Christian traditions.


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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Ayman Reda
    • 1
  1. 1.EconomicsThe University of Michigan - DearbornDearbornUSA

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