“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” - Thomas Sowell
It's not clear to me that any other economist has made so many statements of fact that remain hidden to the elites as Thomas Sowell. Truly a gift to humanity
It's not clear to me that any other economist has made so many statements of fact that remain hidden to the elites as Thomas Sowell. Truly a gift to humanity
Great insight. The scarcity principal was largely ignored by the press.