Quote of the Day
The First Lesson of Economics: We live in a universe of scarcity, and there is never enough of anything to fully satisfy all those who want it.
The First Lesson of Politics: Disregard the first lesson of economics.
~Thomas Sowell
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Thursday, May 31, 2007
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Pentamillionaire Facts and The Invisible Hand
- Cartoon of the Day
- Politicians Care, But Not About Facts or Reality
- CD Milestone: 1000 Postings
- S&P500 Breaks 7-Year Record, Not Yet for NASDAQ
- A Full Tank of Political Hypocrisy
- Gas Was 56% MORE Expensive in 1981 Than Today
- Quote of the Day II: Political Rhetoric vs. Facts
- Quote of the Day: "Fair Trade" = Protectionism
- Top 5 Metro Areas for Lowest Jobless Rates
2 Comments:
I frequently give away copies of Sowell's Basic Economics as gifts. It's a fantastic book.
Yes indeed Mr. Blair, that is a great book to read or give as a gift though many might not want to delve into it to deeply and thereby have all their preconceived notions tossed into the waste bit as I've found out...
BTW there is in a small manner of speaking an online verison of Dr. Sowell's book that has come in handy for me and its titled: Basic Economics - A Citizen’s guide to the Economy...
Its forty eight pages long...
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