The price of corn will naturally rise with the difficulty…
“The price of corn will naturally rise with the difficulty of producing the last portions of it.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Scarcity of a resource drives up its price as production becomes harder.
In simple terms: Harder to produce means higher price.
Expect higher costs when resources run low.
Themes
Mood
Type
When to use this quote
- agricultural planning
- investment decisions
- policy making
- risk assessment
Key Concepts
Questions to Reflect On
- How might substitutes affect this price rise?
Does the model account for technological breakthroughs that lower difficulty?