Monday, January 31, 2011

Thomas Sowell on Scarcity

" The first lesson of economics is scarcity: There never is enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." Thomas Sowell

1 comment:

Unknown said...

Very perspicacious indeed - as the preparations for Budget Day assume fever pitch! Also loved the Todd Buchholz one, which in my humble opinion is applicable the world over!