A Rehabilitation of Say’s Law (W. H. Hutt)
- Highlight Loc. 473-77 | Added on Thursday, February 02, 2012, 02:17 PM
manquer).”5 “When the clearance of their products is slow . . . ,” entrepreneurs say that “money is scarce.”6 A merchant will say, “It is not other products that I am demanding in exchange for mine, it is money”7 [Say’s italics]. The answer to him is, “Sales are sluggish (la vente ne va pas), not because money is scarce but because other products are.”
