quote · Legacy record
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.
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.
Approximate author period: c. 1930 AD · modern
Meaning not yet available
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- Author or tradition
- Thomas Sowell
Attribution: attributed - Country attributed
- Not established
A country attribution does not establish the earliest origin. - Historical period
- Approximate author period: c. 1930 AD · modern
Approximate author-period anchor from documented birth year 1930; activity date not established; Wikidata Q553449, https://www.wikidata.org/wiki/Q553449 (accessed 2026-10-08). Not a quotation composition date.
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- Contributor-provided quotation collection
Supplied reference C; CSV row 481006; supplied attribution, independently unverified
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