“The first lesson of economics is that we live in a world of scarcity. There is never enough of anything to satisfy all those who want it. The first lesson of politics is to ignore the first lesson of economics.” – Thomas Sowell
I'm not certain that I agree that scarcity is natural as reading Sowell seems to suggest but one cannot deny that scarcity is real. What one also cannot deny is the wisdom of economist, Bill Heasley.
