3 ms·
The amount of things the "law" of supply and demand predicts is literally zero.
by marcosdumay 2y ago
The amount of things the "law" of supply and demand predicts is literally zero.
- WalterBright 2y agoYou obey it yourself. Have you ever bought anything that was on sale? Have you ever negotiated a price?
- marcosdumay 2y agoA "law" that predicts nothing? Yeah, pretty sure I obey it exactly. Supply and demand is a framework you can use to write your hypothesis in. It's not a law that predicts things.
- WalterBright 2y agoThe reason collectivism fails every time is because they believe that the LoS&D does not exist.