3 ms·
"We economists may not know much, but we know one thing very well, and that's how to create shortages and surpluses. Just tell us which you want! If you want a
by Meekro 8y ago
"We economists may not know much, but we know one thing very well, and that's how to create shortages and surpluses. Just tell us which you want! If you want a shortage, all we have to do is to set a price that's below the market price and I'll guarantee you a shortage. If you want a surplus, set a price too high and you'll have your surplus." -- Milton Friedman