Damian
Say's Law is attributed to French economist Jean-Baptiste Say. He stated that production, or supply, automatically creates demand for the product.
Supply and demand
Say's Law
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replied to: Damian
blockfrei
Replied to: Say's Law is attributed to French economist Jean-Baptiste Say. He...
Under Say's Law the production of goods creates the means of purchase of those same goods.
replied to: blockfrei
desmonde
Replied to: Under Say's Law the production of goods creates the means of...
Under Say's Law the creation of more money only causes inflation, not an increase in demand.