Patrick Kelly > Patrick's Quotes

“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, Is Reality Optional? And Other Essays

“I have been contending that socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known substitute for the market order could sustain the current population of the world.”
― Friedrich A. Hayek, The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1)