There are certain things that are inherently scarce. For example, there is only a certain amount of beachfront property in California. It is going to be scarce, it is going to be expensive.


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Ralph Merkle Quotes & Sayings

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Suggest Revision: One of the issues facing us today is that there are countries where there is a serious lack of resources, the standards of living are very low, and this creates a fundamental unease and discomfort in entire populations.
 
 Ralph Merkle quotes 
 Ralph Merkle quotes 
Suggest Revision: One of the things that we can say with confidence is that we will have much lighter, much stronger materials, and this will reduce the cost of air flight, and the cost of rockets.
 
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Suggest Revision: The first approximation in this future that we're looking at is that everyone will be physically well off. They will have a great abundance in material goods, and I think that will soften some of the conflicts we see now.
 
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 Ralph Merkle quotes 
Suggest Revision: The laws of physics should allow us to arrange things molecule by molecule and even atom by atom, and at some point it was inevitable that we would develop a technology that would let us do this.
 
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 Ralph Merkle quotes 
Suggest Revision: The new technologies that we see coming will have major benefits that will greatly alleviate human suffering.
 
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