A Rehabilitation of Say’s Law (W. H. Hutt)
- Highlight Loc. 1014-17 | Added on Sunday, March 25, 2012, 07:29 AM
Surely the use of money not only solves the difficulties due to the absence of “double coincidence of wants” but enormously eases the process of adjusting the values (prices) demanded for things offered or the values (prices) offered for things demanded (in response to changes in preference or changes in supply conditions).
