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The Contrivance of Scarcities

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The Contrivance of Scarcities

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This quotation is from page 344 of the 1990 Transaction Publishers reprint of W.H. Hutt‘s 1936 book, Economists and the Public:

In countless fields and by innumerable devices we see the deliberate contrivance of scarcities, the abolition of which would surely enable the dissolution of what we to-day regard as physical poverty.

While many such contrivances have thankfully been abolished or reduced in the 80 years since Hutt wrote these words, too many – such as the tariffs and occupational-licensing restrictions that persist – still remain.  And these contrivances that make scarcity artificially worse are endorsed by conservatives and “Progressives” alike.

Reprinted from Cafe Hayek

Link:  The Contrivance of Scarcities

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 if the watchman sees the sword coming and does not blow the trumpet, and the people are not warned, and the sword comes and takes any person from among them, he is taken away in his iniquity; but his blood I will require at the watchman’s hand.

Disclaimer:

Opinions posted on TennesseeWatchman.com are those of the individual posters and do not necessarily represent the opinion of TennesseeWatchman.com or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
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