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Locrian

(4,523 posts)

2. not to mention..

Reply to TexasTowelie (Original post)

Fri Jul 7, 2017, 08:15 AM

Jul 2017

https://unlearningeconomics.wordpress.com/2012/06/25/debunking-economics-part-i-demand-curves-can-have-any-shape/

The second reason is to show that, despite economist’s assertions to the contrary, it cannot be proved that a market economy will necessarily maximise social welfare, as, even on their own terms, it is logically possible to have multiple equilibria, some of which are more socially desirable.

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Highlight:

Rick Perry gamely tries to explain 'supply and demand,' but fails [View all] TexasTowelie Jul 2017 OP

It's kinda like the movie "Coal Field of Dreams" Blues Heron Jul 2017 #1

not to mention.. Locrian Jul 2017 #2

That is supply-side economics... Adrahil Jul 2017 #3

Governor Goodhair is too stupid for this job Gothmog Jul 2017 #4

This is like a Catholic not knowing how many entities make up the Trinity. Orsino Jul 2017 #5