The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all th...

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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

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Thomas Sowell

American economist, social theorist, political philosopher and author

June 30th, 1930

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