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 dis… - Thomas Sowell

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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.

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About Thomas Sowell

Thomas Sowell (born June 30, 1930) is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently Senior Fellow.

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The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling.
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The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.
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