A government has to decide when to give up consumption goods for investment in capital goods for long run returns.
No one knows if these investments will pay off, but I know that if the government chooses to satisfy short term wants, long term satisfaction will not be attained.
Economics is beautiful in the sense that it is apparent in every aspect of social and human interaction. Maybe it was created because there seems to be a need to create order in disorderliness.
To what extent do you agree?
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