> It is a supply and demand curve. Where they meet is the equilibrium. Academic economists like Steve Keen have totally demolished the classic supply/demand cu

> It is a supply and demand curve. Where they meet is the equilibrium. Academic economists like Steve Keen have totally demolished the classic supply/demand curve: https://unlearningeconomics.wordpress.com/2012/06/25/debunking-economics-part-i-demand-curves-can-have-any-shape/ https://unlearningeconomics.wordpress.com/2012/06/25/debunki... Here's a suitably scornful graphical version: https://www.youtube.com/watch?v=Y3wUqcapSU4 https://www.youtube.com/watch?v=Y3wUqcapSU4