Skip to main content
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
Create image
Share

What does this quote mean?

This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.

Best used for

  • Instagram captions
  • Pinterest quote pins
  • Personal reflection
  • Speeches
  • Greeting cards

Caption suggestions

Instagram caption

"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 #politicsgovernment

Pinterest title

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy…

Pinterest description

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

About Thomas Sowell

Thomas Sowell was a Economist from United States (1930–present).

Read more about Thomas Sowell →

Frequently Asked Questions

Who said "The first lesson of economics is scarcity: there is never enough of anything to…"?
This quote is attributed to Thomas Sowell, a Economist from United States.
When did Thomas Sowell live?
Thomas Sowell lived from 1930 – present.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.