Say’s Law Versus Keynesian Humbug

Say’s Law, as explicated by the great liberal political economist Jean-Baptiste Say (1767-1832), is the principle that supply constitutes demand, with the corollary that aggregate supply always equals aggregate demand. There’s no more important principle in political economy to get perfectly right – and assiduously avoid getting wrong – than Say’s Law.

 

 

 

 

 

 

https://www.aier.org/article/says-law-versus-keynesian-economics/