• People alive today will pass on a stock of exhaustible and other natural resources as well as machines, buildings and social institutions.

    ECONOMIST: Economics focus

  • Indeed, they go much further than capital stock, natural resources, education, or the other usual suspects of textbook economics, towards explaining why a worker's productivity rises so astonishingly when he merely crosses the political boundary between Mexico and the United States.

    ECONOMIST: Mancur Olson

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