Knowledge Is Our Most Powerful Engine Of

Though A Simple Book Can Be Written On Selected Topics, The Central Doctrines Of Economics Are Not Simple And Cannot Be Made So.

We Might As Well Reasonably Dispute Whether It Is The Upper Or The Under Blade Of A Pair Of Scissors That Cuts A Piece Of Paper, As Whether Value Is Governed By Demand Or Supply.

All Wealth Consists Of Desirable Things; That Is, Things Which Satisfy Human Wants Directly Or Indirectly: But Not All Desirable Things Are Reckoned As Wealth.

Every Short Statement About Economics Is Misleading (with The Possible Exception Of My Present One).

In The Absence Of Any Short Term In Common Use To Represent All Desirable Things, Or Things That Satisfy Human Wants, We May Use The Term Goods For That Purpose.