Practical Economics: There’s No Such Thing As A Free Lunch

Nothing is free

We may be able to shift costs, but ultimately, anything touted as “free,” cost someone something. On a deeper level, the idea of “there’s no such thing as a free lunch” keeps us from escaping reality. You can’t just will (or wish) yourself that “free lunch” or pull it out of your ear. Remember that the next time you hear someone declare their right to a job, a house, a car, medical care or an education. Each of those items costs money, time, and talent. Jobs, homes, cars, doctors, and diplomas don’t grow on trees (well, diplomas might). When someone decides they have the right to one of these things, think about WHO is going to provide it for them because there’s no such thing as a free lunch.