Posts Tagged ‘scarcity’
Milton Friedman: Scarcity in Plenty
on Saturday, September 5, 2020Milton Friedman Money Quote saying the biggest problem is lack when there is excess and people are idle when they need work. Milton Friedman said:
“My major problem with the world is a problem of scarcity in the midst of plenty … of people starving while there are unused resources … people having skills which are not being used” — Milton Friedman
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Adam Smith: Common Scarcity
on Monday, January 6, 2020Adam Smith Money Quote saying (The Wealth of Nations, 1776) that one of the most frequent complaints heard is that there isn’t enough money. Adam Smith said:
“No complaint… is more common than that of a scarcity of money” — Adam Smith
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Milton Friedman: Scarcity in Midst of Plenty
on Sunday, September 16, 2018Milton Friedman Money Quote saying he could not abide by the conflicting existence of poverty when there is wealth everywhere surrounding us. Milton Friedman said:
“My major problem with the world is a problem of scarcity in the midst of plenty … of people starving while there are unused resources … people having skills which are not being used” — Milton Friedman
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Charles Eisenstein: Scarcity of Money
on Sunday, August 6, 2017Charles Eisenstein Money Quote saying lack leads to fear of lack and overcompensation to fend off the scarcity – so we focus on being without to the detriment of gratitude. Charles Eisenstein said:
“From our immersion in scarcity arise the habits of scarcity. From the scarcity of time arises the habit of hurrying. From the scarcity of money comes the habit of greed” — Charles Eisenstein
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