A Rehabilitation of Say’s Law (W. H. Hutt)
- Highlight Loc. 239-42 | Added on Wednesday, January 25, 2012, 08:31 PM
*This statement holds without qualification in the absence of saving or dissaving. When saving is occurring, assets are being demanded through the offer of services (capital by the offer of income). When dissaving is occurring, services for consumption are being demanded through the offer of assets, or assets are themselves being consumed.
