As I, at least, see it, there are four big questions in the debate over “Say’s Law”: Is Walras’s Law–the claim that at any price factor the excess demand for all commodities taken together must adept zero–a good way to think about macroeconomics in general, or do we have to jump to Clower-Leijonhufvud-Malinvaud rationed-equilbrium approaches? … Continue reading Say’s Law: Theory, Practice, and History: A Virtual Debate Made Up of Five Somewhat-Related Posts Worth Reading