In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that was a caricature of what Say actually wrote. It‘s time to set the record straight.
You May Also Like
Editor's Pick
When markets get more volatile and more unstable, I get the urge to take a step back and reflect on simple assessments of trend...
Editor's Pick
One of my favorite market breadth indicators remained in an extreme bearish reading through the end of last week, standing in stark contrast to...
Editor's Pick
Jeffrey A. Singer Below is an excerpt of the new book Your Body, Your Health Care (Cato Institute 2025) by Jeffrey A. Singer, MD,...
Editor's Pick
Walter Olson No civil rights law on the books requires “viewpoint diversity” in university admissions or hiring or creates a protected class of students...