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Fair. Connecting readers with great books since 1972. Used textbooks may not include companion materials such as access codes, etc. May have condition issues including wear and notes/highlighting. We ship orders daily and Customer Service is our top priority!
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New. *** FREE UPGRADE to Courier/Priority Shipping Upon Request *** – – *** IN STOCK AND IMMEDIATELY AVAILABLE FOR SHIPMENT-Flawless copy, brand new, pristine, never opened--160 pages. Description: "With this work, Professor William H. Hutt produced a magnificent work Austrians would love to claim as one of their own, but which Hutt himself viewed as thoroughly classical in nature. The topic addressed here is Say's Law: the view that macroeconomic activity tends toward stability, which is to say, under a free market, there will be no systemic gluts or shortages absent government intervention. J. M. Keynes considered the foundation of his own work his refutation of Say's Law, which (according to Hutt) he coined the phrase 'supply creates its own demand' to express. Hutt formulates the law, which he says is fundamental to all economic thinking, that 'all power to demand is derived from production and supply. 'Hutt argues that there is no inherent flaw in the market that leads it to provide a deficiency in aggregate demand, contrary to what Keynes claimed. Hutt's argument is that Say's Law must be completely restored before the root of the Keynesian error can be seen and understood. "--with a bonus offer--
