The Basic Error of Fundamental Economics

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Article Length: 3 Pages    

Economic theories all seem to base much of their concepts on their interpretations of what has been well known as “Supply and Demand”. How and why this combination affects most things, such as sales prices all the way to national economic growth rates, has resulted in almost all of the academic creations related to fundamental economics in the current world. There are many slightly different versions of these rules including those of John Maynard Keynes and John Kenneth Galbraith. But not one of them has found that the “Supply and Demand” concept actually has one major flaw and that is … Well, buy the article and find out.

 


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This product was added to our catalog on Monday 14 July, 2008.

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