LIBERTY: Economics in five points clumped into one sentence

http://www.lewrockwell.com/orig4/peterson7.html

Economics In One Lesson: With Apologies To Henry Hazlitt
by William H. Peterson

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I close listing those five scarcity-coping tickers in my one lesson in economics as: 1. the law of self-interest, 2. the law of scarcity, 3. the law of opportunity cost, 4. the law of trade mutuality, and that miscoping 5. Gresham’s law on inflation.

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You have to love it. But what about the “broken window”? maybe that was number 6. And, it just didn’t fit.

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