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. By: Redactor P. J. O’Rourke Thomas Sowell Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website five − four = Notify me of follow-up comments by email. Notify me of new posts by email.