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You must have never seen a supply and demand graph, let me elucidate you: https://cdn.britannica.com/70/74270-050-317C4423/Illustration-price-relationship-deman

You must have never seen a supply and demand graph, let me elucidate you: https://cdn.britannica.com/70/74270-050-317C4423/Illustration-price-relationship-demand.jpg https://cdn.britannica.com/70/74270-050-317C4423/Illustratio... If you're talking to me about socio-economic processes when we're talking about something simple, it pretty clearly shows you're you're not very educated in Economics.

einpoklum 7y ago
You _do_ realize that if you say something with a chart instead of with text it does not become more valid, right? https://en.wikipedia.org/wiki/Supply_and_demand#Criticism https://en.wikipedia.org/wiki/Supply_and_demand#Criticism If you like your charts and economic formalisms, and believe in "market prices", perhaps you should take the time to read the Candide-like "Production of commodities by means of commodities" by Piero Sraffa.