Blogs about: Traditional Economics

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The law of supply and demand isn't a law!

“One of the oldest principles of Traditional Economics is the law of supply and demand.  A basic prediction of this ‘law’ is that the counterbalancing forces of supply and demand wi… more →

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The law of supply and demand isn't a law!

Roger Costello wrote 1 year ago: “One of the oldest principles of Traditional Economics is the law of supply and demand.  A ba … more →

Tags: Demand, Disequilibrium, Economics, Equilibrium, Eric D. Beinhocker, Market, Price, Supply, Supply and Demand


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