3 ms·
My impression of the parent comment is that they were saying that the specific term "induced demand" seems to be used to dismiss the needs and concerns of peopl
by nickff 5y ago
My impression of the parent comment is that they were saying that the specific term "induced demand" seems to be used to dismiss the needs and concerns of people in an out-group.
The economics term "elasticity of demand" is probably older, has a very similar meaning, broader application, and a clearer definition.