There is no such thing as supply. There is only demand, or what is sometimes called “total demand”.
Understanding the world through an economic point of view
Understanding the world through an economic point of view
There is no such thing as supply. There is only demand, or what is sometimes called “total demand”.
A long, long time ago, I had the bold idea to work through three textbooks in economics from three different perspectives: Murray Rothbard’s Man, Economy, and State, George Stigler’s Theory of Price, and Mas-Colell, Whiston, and Green’s _Microeconomic Theory, _or as I separate them: Austrian, Chicago, and Samuelsonian.