God's Definition of Economics

How should society be organised, if at all?

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bobevenson
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God's Definition of Economics

Post by bobevenson »

Economics is the allocation of property and labor.
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Brit Dems
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Re: God's Definition of Economics

Post by Brit Dems »

Ok.

God/Goth/Good is White.
bobevenson
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Re: God's Definition of Economics

Post by bobevenson »

Apparently, I'm the only person on Earth aware of the definition.
Dalek Prime
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Re: God's Definition of Economics

Post by Dalek Prime »

Study of scarcity, and the distribution of scarce resources. Property is a legal term. Labour is a resource.
bobevenson
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Re: God's Definition of Economics

Post by bobevenson »

Dalek Prime wrote:Study of scarcity, and the distribution of scarce resources. Property is a legal term. Labour is a resource.
The study of scarcity refers to your lack of acumen. Everything in economics is subsidiary to property and labor. You have natural property and manufactured property. This is the clay of economics that is worked and reworked by labor.
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