A Quote by Bernard Crick
Certainly if the fundamental problem of society is that demands are infinite and resources are always limited, politics, not economics is the master science.
Related Quotes
Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all.
So science alone cannot solve this problem [mass extinction of humans]. It's something that we can only tackle by bringing science together with culture, economics, and even politics.
The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.
Prices impose the most effective kind of rationing - self-rationing. Why is rationing necessary? Because what everybody wants always adds up to more than there is. . .Resources are limited but desires are not. That is the basic and defining problem of economics.
Since scarcity is the basic economic problem, if it does not exist then there is no reason for my economics course. Devoting time to the study of how people use limited resources to fulfill unlimited wants and needs should help us to discover how to best utilize the resources we have at our disposal.
Society needs to see science not as a luxury of funding but as a fundamental activity that drives enlightenment, economics, and security.
The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.
Meth is a national problem to the extent that it's not limited to one state; it's not limited to one region of the country. As to whether or not it requires a national solution, I'm not sure we're there yet, but that's something that's certainly being debated on the Hill; it's certainly something that we're discussing within the administration and that will continue.
Resources on the planet are limited, and limited resources can come to an end. But there are also a lot of resources that are renewable. A lot of land, for example, can be reclaimed from the encroaching deserts.
Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
God himself, with reverence be it spoken, is not an absolute but a limited monarch, limited by the rule which infinite wisdom prescribes to infinite power.
Politics is about the control of a limited number of resources by a limited number of people who think that number is too many
I always had a respect and an admiration for people who got into politics. I certainly have always been interested in law and political science.
My research career has been devoted to understanding human decision-making and problem-solving processes. The pursuit of this goal has led me into the fields of political science, economics, cognitive psychology, computer science and philosophy of science, among others.
Economics is the study of how society manages its scarce resources.
Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.'
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