Full Idea
Any first-order theory of sets is inadequate because of the Löwenheim-Skolem-Tarski property, and the consequent Skolem paradox.
Gist of Idea
Any first-order theory of sets is inadequate
Source
Stephen Read (Thinking About Logic [1995], Ch.2)
Book Reference
Read,Stephen: 'Thinking About Logic' [OUP 1995], p.62
A Reaction
The limitation is in giving an account of infinities.