"Scarcity powers innovation."
- nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
"Scarcity powers innovation."
- nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
"The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." - Thomas Sowell
What did you make of Saif v Saylor in yield? Seems like Saylor might’ve lost the plot a bit?
Jeffception
not many people i know get this:
"in a free market, prices fall to the marginal cost of production"