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Demand is constituted by Supply.
Posted on: December 22, 2016 at 13:22:22 CT
ummmm
MU
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It's a simple concept. FR is wrong.
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MESSAGE THREAD
Ten Fundamental Laws of Economics
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ummmm
MU
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12/22 11:47:12
'5. Productivity determines the wage rate' is oversimplified
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JeffB
MU
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12/22 15:52:26
Some very shallow, and also wrong, comments there.
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GA Tiger
MU
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12/22 13:00:06
Which ones? (nm)
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ummmm
MU
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12/22 13:21:50
RE: Which ones? (nm)
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GA Tiger
MU
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12/22 14:29:39
I don't have time right now to go through these individually
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ummmm
MU
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12/22 14:50:21
0. Demand precedes production
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FootballRefugee
MU
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12/22 12:01:45
The problem here, it appears to me, are differing
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JeffB
MU
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12/22 21:09:59
Unless, of course, its dictated by gov't dictate.(nm)
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GA Tiger
MU
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12/22 13:00:55
Demand is constituted by Supply.
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ummmm
MU
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12/22 13:22:22
No, demand exists without supply
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FootballRefugee
MU
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12/22 13:35:47
macro, FR, macro - nothing can be demanded by he who
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90Tiger
MU
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12/22 14:00:03
you're still failing on the macro, too
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FootballRefugee
MU
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12/22 14:03:02
FR, when folks don't produce and hence don't have the means
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90Tiger
MU
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12/22 14:56:04
Not in a lot of cases
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BeakerHater
MU
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12/22 12:39:55
In the macroeconomic sense (not company specific), demand
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ummmm
MU
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12/22 13:23:34
Ability to buy? What the hell does that have to do with
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GA Tiger
MU
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12/22 14:32:49
GA, demand =/= want. demand in the economic
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90Tiger
MU
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12/22 14:57:06
To be expected in academia. Willful obfuscation, by
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GA Tiger
MU
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12/22 16:12:19
You're the one redefining "demand". You want to
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ummmm
MU
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12/22 17:00:55
I don't give a shlt about the economic definition. And since
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GA Tiger
MU
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12/22 18:34:53
That is the economic definition of "demand", GAT
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ummmm
MU
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12/22 14:49:18
no, he can't (nm)
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90Tiger
MU
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12/22 14:57:30
true, these are the truly wealthy ...
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tmcats
KSU
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12/22 13:20:34
In nearly all cases...
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Spanky
KU
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12/22 12:47:32
the entrepreneur sees demand in most cases
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FootballRefugee
MU
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12/22 12:45:42