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Thought For the Day: The First Law of Economics Is Scarcity; The First Law of Politics Is To Disregard This
“The first lesson of economics is scarcity: There is never 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
Posted in Thought For the Day
Tagged Disregard, Economics, First Lesson, Politics, Satisfaction, Scarcity, Thomas Sowell, Thought For the Day, Truth
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