Why Say's Law is correct is evident from one simple consideration: if inventory doesn't sell, then prices will be cut until it does. Or, if a manufacturer wants to sell to a mass market, he knows that he can't wait until everyone can afford something expensive;
www.friesian.com/sayslaw.htm www.friesian.com/sayslaw.htm
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Europe votes on telecoms law · BBC · November 25 2:28 PM  Explore Story »
EU assembly adopts Internet, phone user rights · MSNBC · November 25 1:41 PM
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Say's law - Wikipedia, the free encyclopedia
Say's law , or the law of markets , is an economic proposition attributed to French businessman and economist Jean-Baptiste Say (1767–1832), which states that in a free market economy goods and ser...
en.wikipedia.org/wiki/Say's_law
Say's Law is the principle that supply constitutes demand. Or, in the words of economist Jean Baptiste Say, "...a product is no sooner created, than it, from that instant, affords a market for other products to the full extent of its own value." (A TREATISE ON POLITICAL ECONOMY, Chapter 15).
www.benbest.com/polecon/sayslaw.html www.benbest.com/polecon/sayslaw.html
Say's Law of Markets came to divide economists in the General Glut Controversy around this time. Say joined in the fray, attacking the underconsumption thesis in his letters to Malthus (1820) and in his 1824 exchange with rival countryman Simonde de Sismondi in the Revue Encyclop dique.
cepa.newschool.edu/het/profiles/say.htm cepa.newschool.edu/het/profiles/say.htm
A broader understanding of "Say's Law" would assist those who continued to be puzzled by macroeconomic questions, but even better would be to understand the context in which this Law was formulated.
www.mises.org/story/1264
Now it is important to realize that what is called Say's Law was in the first instance designed as a refutation of doctrines popularly held in the ages preceding the development of economics as a branch of human knowledge.
www.mises.org/story/1803
Say's Law Proposition, in 19th-century (classical) economics, that supply creates its own demand, that whatever quantity is supplied will also be ... Say's law, or the law of markets, is an economic proposition attributed to French businessman and economist Jean-Baptiste Say (1767–1832), which states that in a free...
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WASHINGTON - A U.S. law enforcing privacy rules for RFID (radio frequency identification) isn't needed because companies experimenting with the technology are committed to protecting privacy, two such corporations told a U.S. ... InfoWorld Home / News / Networking / RFID users say no privacy law needed...
www.infoworld.com/t/networking/rfid-users-say-no-privac... www.infoworld.com/t/networking/rfid-users-say-no-privacy-law-needed-867
I say yes because I want the US to be on good terms with China because I see Iran, North Korea, and Al Qaeda as the real threats and we could use some friends in fighting those guys. I also say yes because I think Bush's not going will not do a thing to bring about reform ... China Law Blog focuses on business law in China.
www.chinalawblog.com/2008/04/clb_about_to_go_on_bbcs_wo... www.chinalawblog.com/2008/04/clb_about_to_go_on_bbcs_world.html
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