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What? There's no abuse going on here, because (1) the technical economic definition of "shortage" is simply demand exceeding supply, exactly the same as the eve
by abanana 2mo ago
What? There's no abuse going on here, because (1) the technical economic definition of "shortage" is simply demand exceeding supply, exactly the same as the everyday meaning; and (2) even if the meanings were different, technical or domain-specific-jargon meanings of words don't trump everyday-use meanings, unless you're in a technical meeting of people within that narrow domain.
- inigyou 2mo agoEconomist definition: demand at this price level exceeds supply at this price level Normal people definition: there isn't enough to go around Economist corollary: there is enough to go around, people are just buying more than they need because the price is low Can you tell the difference between the supermarket put potatoes on sale and sold out, and there are no potatoes because of the potato blight?