Saturday, September 27, 2008

Economics is the study of the allocation of scarce goods and services. What could be scarcer or more precious than love?

Lessons in Love, by Way of Economics
By BEN STEIN
Published: July 13, 2008
As my fine professor of economics at Columbia, C. Lowell Harriss (who just celebrated his 96th birthday) used to tell us, economics is the study of the allocation of scarce goods and services. What could be scarcer or more precious than love? It is rare, hard to come by and often fragile.

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