Since scarcity is the basic economic problem, if it does not exist then there is no reason for my economics course. Devoting time to the study of how people use limited resources to fulfill unlimited wants and needs should help us to discover how to best utilize the resources we have at our disposal.

Meaning: Completing a worthwhile action after a delay is often better than abandoning it altogether. Missing the ideal moment does not always remove the value of doing it now.

Meaning: People or matters that are absent for a long time may lose their place in everyday attention. The saying describes a risk of being overlooked, without proving that distance ends affection or that a forgotten person has less worth.

Meaning: Advice offered after an irreversible action cannot prevent what has already happened. Give relevant guidance while someone can still use it, and distinguish prevention from help with what comes next.

Meaning: The rhyme presents a spring ague as medicine fit for a king. It gives a feverish illness a surprising positive value rather than simply treating it as misfortune.