A Rehabilitation of Say's Law |
Contents
Introduction | 1 |
Definitions with some Explanations | 13 |
Says Law Restated | 24 |
Copyright | |
11 other sections not shown
Other editions - View all
Common terms and phrases
accept actual supply aggregate demand aggregate real value assumption Cannan ceteris paribus classical Clower co-ordinative consumer consumption contract contribution cost and price cumulative demand for money depression duress-imposed economists entrepreneurs envisaged equilibrium flow forecast full employment gold standard hence Ibid implies incentives increase induce inflation inflationary inputs and outputs inventories investment J. M. Keynes J. S. Mill James Mill Johnson Keynes Keynesian Economics labor's inputs law of markets Leijonhufvud market clearance market pressures market-clearing prices means ment monetary flexibility monetary policy monetary services money illusion money supply money unit money-spending power money's worth monopsonistic non-Keynesians non-money offer Physiocrats political pre-Keynesian prevailing orthodoxy price rigidities productive services profitable prospective yields purchasing power real income real wage-rates reduce referred relevant rise savers Say's law explains sell source of demands stock of assets store of value Strike-Threat System tion unemployed unemployment W. H. Hutt wage wages-flow Walras workers Yeager