Abstract
Ask yourself if there is something that you would like to have but have not been able to afford? Try asking your parents, friends, and even strangers. They will all agree that they have unsatisfied wants. Some of us may think that the very rich have everything. But we cannot be sure they have everything they want. They would probably say there are many things they want but have to do without. The message is simple. On the issues of aspirations, tastes, preferences, desires and feelings, we can only speak for ourselves. And speaking for ourselves, we all have unsatisfied wants.
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© 1998 Springer Science+Business Media New York
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Pejovich, S. (1998). Important Concepts in Economics. In: Economic Analysis of Institutions and Systems. International Studies in Economics and Econometrics, vol 33. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-4848-1_1
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DOI: https://doi.org/10.1007/978-94-011-4848-1_1
Publisher Name: Springer, Dordrecht
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