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Month: August 2017


  • Iron Capital Perspectives
  • Second Quarter 2017
  • Chuck Osborne

Scarcity

One did not need a college education to understand that nothing is free. Everything has a cost. Why? Because everything is scarce. Scarcity is the primary issue of the study of economics: how people, corporations, governments, and societies as a whole deal with the fact that “money doesn’t grow on trees.” Even if it did, it would be in limited supply – like Georgia peaches, for example.