14 de nov. de 2011

On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises (Mary Sennholz)


On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises (Mary Sennholz)
- Highlight Loc. 4663-64  | Added on Sunday, October 02, 2011, 06:21 AM

According to Say’s Law, the source of purchasing power lies within production—i.e., supply creates its own demand—and therefore generalized overproduction or underconsumption is not possible.