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1. John Lennon famously asked us to imagine the following scenario. “Imagine no possessions I wonder...

1. John Lennon famously asked us to imagine the following scenario.
“Imagine no possessions
I wonder if you can
No need for greed, or hunger
A brotherhood of man
Imagine all the people sharing all the world”
If John Lennon had been an economist, he could have summed up this notion by simply saying:
“Imagine there’s no _____________
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Answer #1

If John Lennon had been an economist, he could have summed up this notion by simply saying:

Imagine there’s no government, no poverty and no war."

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