As we reach a world population of seven billion people this year, the doomsayers are warning about scarcity to come ... managing editor of the Journal of Economic Perspectives based in St ...

But beyond the frenzy of Black Friday promotions, there's an untapped lesson for leaders in the urgency that Black Friday shopping inspires —scarcity can be a powerful catalyst for innovation.

live in areas of physical scarcity, and 500 million people are approaching this situation. Another 1.6 billion people, or almost one quarter of the world's population, face economic water shortage ...