Political Economy Quote of the Week for 20141215

“As, indeed, all economizing arises from the quantitative insufficiency of the means of satisfaction as compared with the wants requiring satisfaction, so it demands a constant selection, a constant choosing between those wants which can and should be provided for, and those others which cannot be provided for.” – Eugen von Böhm-Bawerk, The Positive Theory of Capital.

This entry was posted in Political_Economy and tagged , . Bookmark the permalink.