Abstract
Newtonian physics postulates that every action has an equal and opposite reaction. Similarly, it is a conservative argument that every economic benefit must exact a cost somewhere else. They view everything in the world as a trade-off, or as the current slang goes: TANSTAAFL (‘there ain’t no such thing as a free lunch’).
My bounty is as boundless as the sea, My love as deep;
The more I give to thee the more I have For both are infinite.
(Romeo and Juliet, Act II, Scene ii)
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© 1988 Greg Davidson and Paul Davidson
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Davidson, G., Davidson, P. (1988). The Political Economy of Civilization. In: Economics for a Civilized Society. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19244-1_2
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DOI: https://doi.org/10.1007/978-1-349-19244-1_2
Publisher Name: Palgrave Macmillan, London
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