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Have Canadians overcome the problem of scarcity or do we still face it?

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Have Canadians overcome the problem of scarcity or do we still face it?

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It is impossible to overcome the problem of scarcity. Human wants are endless, and the amount of resources available to satisfy those wants is always limited. Even were that not true, a man’s time is always scarce (no man lives forever). So, even if all available goods existed in abundance for all (an impossible condition), a man still would have to select among alternatives, e.g., going to a ball game instead of playing bridge. There is no way to get around that.

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