Scarce resources quotes:

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  • Economics is the study of how society manages its scarce resources. -- Greg Mankiw
  • In a world of scarce resources, globalization without new technology is unsustainable. -- Peter Thiel
  • Usually, when you look around the world, people are killing each other, fighting over scarce resources. -- Kofi Annan
  • It's well-known that people don't respond to scarce resources necessarily in what we might consider a positive light. -- Jane Poynter
  • An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention. -- Henry Paulson
  • Textbooks describe economics as the study of the allocation of scarce resources. That definition may be the 'what,' but it certainly is not the 'why.' -- Ben Bernanke
  • If the people are led to believe that scarce resources are best channeled in a direction that producers and consumers would not choose on their own, the result must necessarily be central planning. -- Llewellyn Rockwell
  • I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business. -- Gary Hamel
  • In the meantime, we see there are charities that spend much of their scarce resources that should be going directly to the children to overcome this gulf that separates them from both the donors and the needy. -- Dana Rohrabacher
  • Using the latest in science and technology to shatter today's economic paradigm of 'insatiable individuals competing for scarce resources,' Planetary Citizenship brings us full circle to the ancient wisdom of indigenous peoples and the sacredness of creation. -- Rebecca Adamson
  • I got to carve through the streets of New York's financial district and discover the awesome feeling of being part of a system where, the harder you worked, the more of those scarce resources you earned! I never looked back. -- Lewis Schiff
  • We must recognize that only scarce resources are ownable; second, that the body is a type of scarce resource; third, that the mode of acquiring title to external objects is different from the basis of ownership of one's own body. -- Stephan Kinsella
  • Putting together a sustainable budget requires that we all work together, that we focus our scarce resources on key priorities, and that we strengthen our capacity to deliver the best product we can for the American people. And that takes money. -- Roy Blunt
  • Development is a fundamental part of our national security. It is extreme poverty- the realities of access to water and food- which create the long-term drivers of our insecurity. Most wars are fought over scarce resources and that is going to accelerate in the future. -- Rajiv Shah
  • As we are brought into God's extraordinary kingdom through ordinary means, we are remade, no longer fashioned as competitors for commodities in a world of scarce resources, but as co-sharers with Christ in the circulation of gifts that flows outward from its source without running out. -- Michael Horton
  • It [economics] is the study of how people, companies, and societies allocate scarce resources. Which happens to be the same puzzle you and your spouse are perpetually trying to solve: how to spend your limited time, energy, money and libido in ways that keep you smiling and your marriage thriving. -- Paula Szuchman ; Jenny Anderson
  • The reality is we live in a world of scarce resources in this veil of tears, as Tony Abbott often describes the world, we have to be real, we have to accept that we can't spend as much money on everything as we would like and so we have chosen to re prioritise, to change spending. -- Chris Bowen
  • The most abundant resources that we possess amongst the 1.5 million nonprofits in the United States are passion and knowledge, yet our most scarce resource is collaboration. -- Adam Braun
  • Conflicts are never caused in any simple way by identity, culture or economics. Where resources are scarce, or there are strong historical memories of conflict, small events are more likely to inflame passions. -- Geoff Mulgan
  • If we do not change our negative habits toward climate change, we can count on worldwide disruptions in food production, resulting in mass migration, refugee crises and increased conflict over scarce natural resources like water and farm land. This is a recipe for major security problems. -- Michael Franti
  • When you think of all the conflicts we have - whether those conflicts are local, whether they are regional or global - these conflicts are often over the management, the distribution of resources. If these resources are very valuable, if these resources are scarce, if these resources are degraded, there is going to be competition. -- Wangari Maathai
  • Busy people all make the same mistake: they assume they are short on time, which of course, they are. But time is not their only scarce resource. They are also short on bandwidth. By bandwidth I mean basic cognitive resources - psychologists call them working memory and executive control - that we use in nearly every activity. -- Sendhil Mullainathan
  • Print-based libraries developed in an age of scarce printed resources. -- Tom Peters
  • The current model is global suicide. We need a revolution. Revolutionary thinking. Revolutionary action. Natural resources are becoming more and more scarce. -- Ban Ki-moon
  • If economies collapse and lawlessness rules and resources are scarce, many people who claim with their mouths that they follow Jesuswill abandon him with their lives. -- Brandon Andress
  • Where resources are plentiful (i.e. no constraints), you will find very little creativity. Where resources are scarce (i.e. many constraints), you will find an abundance of creativity. -- Andy Murray
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