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 (b. 1930) American economist and political commentator
“Student Loans,” Is Reality Optional? (1993)
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Books constitute capital. A library book lasts as long as a house, for hundreds of years. It is not, then, an article of mere consumption but fairly of capital. and often in the case of professional men, setting out in life, it is their only capital.
Thomas Jefferson (1743-1826) American political philosopher, polymath, statesman, US President (1801-09)
Letter to James Madison (16 Sep 1821)
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