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
Labels:
Economics,
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1 comment:
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!
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