1. people are animals and are part of the animal kingdom.
2. animals have basic resource needs.
3. e.g. people need food, water, shelter, safety and the company of other people.
4. the struggle to meet those basic needs in the face of competition from other animals, e.g. other people, is called economics. this is the "one true economics". it is not simply an idea in the mind of man. it is a physical reality observed throughout the animal world.
5. once people's basic resource needs have been met, they attempt to "explain" the one true economics, often in more complex terms, despite the absolute clarity of the one true economics. this is also called "economics" and is subdivided into many different ideas and ways of thinking.
6. if people's resource needs are not met as in slide 5., they cannot reach the thinking referred to in slide 5. they will only ever know and understand the one true economics.
1. people are animals and are part of the animal kingdom.
2. animals have basic resource needs.
3. e.g. people need food, water, shelter, safety and the company of other people.
4. the struggle to meet those basic needs in the face of competition from other animals, e.g. other people, is called economics. this is the "one true economics". it is not simply an idea in the mind of man. it is a physical reality observed throughout the animal world.
5. once people's basic resource needs have been met, they attempt to "explain" the one true economics, often in more complex terms, despite the absolute clarity of the one true economics. this is also called "economics" and is subdivided into many different ideas and ways of thinking.
6. if people's resource needs are not met as in slide 5., they cannot reach the thinking referred to in slide 5. they will only ever know and understand the one true economics.