Basic Economics - Why Rich People Get More Money
“Economics is an analysis of cause-and-effect relationships in an economy. Its purpose is to discern the consequences of various ways of allocating scarce resources which have alternative uses. It has nothing to say about social philosophy or moral values, any more than it has anything to say about humor or anger.”1
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Thomas Sowell, Basic Economics: A Common Sense Guide to the Economy, 5th ed. (2015), pp. 64-65. ↩︎