Deep Facts About Economics

2 Minutes Business Article

Title: Deep Facts About Economics

“Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.” ~ Cowen Tyler


Thought:..

Understanding economics is having insight into the way life works; the necessity to meet unlimited/unending needs through unlimited production(creation), and consumption(Use).
We all consume, so, we must all produce. Creators/Producers are gods! entrepreneurs are gods!


“In all recorded history there has not been one economist who has had to worry about where the next meal would come from.” ~ Peter Drucker


Thought:..

Instead of worrying over what they'll eat, entrepreneurs/economists' worry over what others will consume/eat; that way, what they'll eat is taken care of.


“We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism.
It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.” ~ Paul Hawken


Thought:..

I'm of the opinion that a lot of natural resources are fast depleting as a result of lack of use, or abuse of use.
Nature has provided all the raw materials we'll ever need, so, we must go ahead and keep creating. That way, we exercise our freedom to live and not just exist, and create a space for ourselves in the global free-market as capitalists'.


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