Quotes About Resources

The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.

Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit their own use of scarce resources desired by others.

While those with the vision of the anointed emphasize the knowledge and resources available to promote the various policy programs they favor, those with the tragic vision of the human condition emphasize that these resources are taken from other uses ("there is no free lunch") and that the knowledge and wisdom required to run ambitious social programs far exceed what any human being has ever possessed, as the unintended negative consequences of such programs repeatedly demonstrate.

even an ideal set of trade-offs must—and should—leave a whole spectrum of unmet needs, because the cost of wiping out the last vestige of any problem is leaving other problems in more dire condition. In short, trade-offs must be incremental rather than categorical, if limited resources are to produce optimal results in any social system as a whole.

Flood conditions can be detected sooner and evacuations begun and carried out more quickly where there are ample resources to produce all the cars, planes, and other vehicles needed to move huge numbers of people out of danger. All these things are made possible by the material wealth which is often treated so disdainfully by those promoting "safety." But to kill the goose that lays the golden egg is, in effect, to kill people.

Geography is not egalitarian.

Many desirable things are advocated without regard to the most fundamental fact of economics, that resources are inherently limited and have alternative uses. Who could be against health, safety, or open space? But each of these things is open-ended, while resources are not only limited but have alternative uses which are also valuable.

The vision of the anointed begins with entirely different premises. Here it is not the innate limitations of human beings, or the inherent limitations of resources, which create unhappiness but the fact that social institutions and social policies are not as wisely crafted as the anointed would have crafted them.

Confiscating physical wealth for the purpose of redistribution is confiscating something that will be used up over time, and cannot be replaced without the human capital that created it. Nor is human

More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued years later-has been crucial to the economic efforts which create national prosperity.

In summary, a policy intended to make housing more affordable for the poor has resulted in resources being redirected to the construction of houses that are only affordable for the rich or wealthy, since generally , luxury homes are not subject to rent control, and neither are office buildings and other commercial properties. This illustrates, among other things, the crucial importance of making a distinction between intentions and consequences

Price controls and the direct allocation of resources by political institutions require much more explicit knowledge on the part of a small number of planners than a market economy requires so that it can be coordinated by prices to which millions of dollars respond. people based on first-hand knowledge of their own circumstances and preferences, and the relatively low prices that each individual must handle.

Britain's iron ore and coal deposits were located near to one another and both were located near the sea-an

Los precios no son simplemente un medio para transferir dinero, sino que su función principal es brindar incentivos que afecten al comportamiento en el uso de los recursos, y de los productos que resultan de éstos.

El sistema económico del libre mercado es comúnmente considerado un sistema de lucro, pero en realidad se trata de un sistema de ganancias y pérdidas, y las pérdidas son tan importantes como el lucro para la eficiencia de la economía, porque informan a los productores de lo que deben dejar de hacer, de lo que deben dejar de producir, de dónde deben dejar de asignar recursos, de en qué deben dejar de invertir.

And suddenly she raised her muff as though her hands were clasped inside it, and she was telling the pale, sweaty garçon by that action that she was at the end of her resources, that she cried out to him to save her with "Tea. Immediately!" * * * * This seemed to me so amazingly in the picture, so exactly the gesture and cry that one would expect (though I couldn't have imagined it) to be wrung out of an Englishwoman faced with a great crisis

A man's nothing without his tools.

What we have here is a very basic problem. The only way to make use of underground resources is to mine them, and if you mine them, they're going to damage the local flora and fauna. That's as true under the water as it is on land, but it hasn't stopped us - that is, mankind - from doing it over and over again. That's a fact. You just need to make a choice.

We didn't actually overspend our budget. The allocation simply fell short of our expenditure.

connecting—sharing my knowledge and resources, time and energy, friends and associates, and empathy and compassion in a continual effort to provide value to others, while coincidentally increasing my own.

Poverty, I realized, wasn't only a lack of financial resources; it was isolation from the kind of people who could help you make more of yourself.

Health disparities like poverty feed off established social and economic structures that determine the distribution of power and resources. What's worse, inequality turns diversity into disparity. For someone who belongs to multiple communities that experience health disparities, these disparities do not simply add up: They multiply.

Human resources are like natural resources; they're often buried deep. You have to go looking for them, they're not just lying around on the surface.

Human resources are like natural resources; they're often buried deep. You have to go looking for them, they're not just lying around on the surface. You have to create the circumstances where they show themselves.