Say’s Law Versus Keynesian Humbug

Say’s Law, as explicated by the great liberal political economist Jean-Baptiste Say (1767-1832), is the principle that supply constitutes demand, with the corollary that aggregate supply always equals aggregate demand. There’s no more important principle in political economy to get perfectly right – and assiduously avoid getting wrong – than Say’s Law.       […]

To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.