Quotes About Scarce Resources

#1. Economics is the study of how society manages its scarce resources.

Greg Mankiw

#2. 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

#3. It's well-known that people don't respond to scarce resources necessarily in what we might consider a positive light.

Jane Poynter

#4. 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

#5. 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

#6. In a world of scarce resources, globalization without new technology is unsustainable.

Peter Thiel

#7. 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

#8. 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

#9. We can no longer afford to consider air and water common property, free to be abused by anyone without regard to the consequences. Instead, we should begin now to treat them as scarce resources, which we are no more free to contaminate than we are free to throw garbage into our neighbor's yard.

Richard M. Nixon

#10. Viewed abstractly, systems analysis implies rigorous thinking, hopefully quantitative, regarding the gains and the resource-expenditures involved in a particular course of action -- to insure that scarce resources are employed productively rather than wastefully.

James R. Schlesinger

#11. 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

#12. Meanwhile, time is one of our most scarce resources. At the moment, you are reading instead of working, playing with the dog, applying to law school, shopping for groceries, or having sex. Life is about trade-offs, and so is economics.

Charles Wheelan

#13. 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

#14. Investing scarce resources in large-scale public projects and capital goods does increase output, but it does not contribute to economic progress if these investments do not produce things people value.

Christopher J. Coyne

#15. The feeling of being in competition for scarce resources has powerfully motivating properties.

Robert B. Cialdini

#16. 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

#17. 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

#18. 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

#19. 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

#20. Many governments are giving subsidies to fossil fuel production and consumption that encourage greenhouse gas emissions, at the same time as they are spending on projects to promote clean energy. This is a wasteful use of scarce budget resources.

Jose Angel Gurria

#21. 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

#22. The definition of the problem, rather than its solution, will be the scarce resource in the future.

Esther Dyson

#23. 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

#24. When a resource is scarce, you increase its yield.

Peter Drucker

#25. 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

#26. 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

#27. If economies collapse and lawlessness rules and resources are scarce, many people who claim with their mouths that they follow Jesus ... will abandon him with their lives.

Brandon Andress

#28. The most scarce resource we have these days is the idea.

DJ Spooky

#29. Desert strategies are useful: In times of drought, pull your resources inward; when water is scarce, find moisture in seeds; to stay strong and supple, send a taproot down deep; run when required, hide when necessary; when hot go underground; do not fear darkness, it's where one comes alive.

Terry Tempest Williams

#30. 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