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The Definition of Abundance

by Harold Loeb - 1938

THE WORD "ABUNDANCE" belongs to the language of myth and aspiration rather than to that of economic analysis. Nomad tribes, when they descended upon richer and special regions, were seeking a "more abundant life. To them, to President Roosevelt, and to the economists, the word has a relative meaning expressing a lower degree of scarcity than that to which the folk are accustomed, or rather, not quite accustomed, since they presume for more.

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Cite This Article as: Teachers College Record Volume 5 Number 39, 1938, p. 43-46
https://www.tcrecord.org ID Number: 13807, Date Accessed: 6/1/2020 1:07:32 AM

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  • Harold Loeb

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