"To live is the rarest thing in the world. Most people exist, that is all."

Economics is the study of how societies use scarce resources to produce valuable goods and services and distribute them among different individuals. If we think about the definitions, we find two key ideas that run through all of economics:

The decay of political institutions is often a result of the inability to adapt to changing circumstances, leading to rigidity and eventual decline.

A writer is someone who spends years patiently trying to discover the second being inside him.