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Supply creates its own demand" is the formulation of Say's law.The rejection of this doctrine is a central component of The General Theory of Employment, Interest and Money (1936) and a central tenet of Keynesian economics.. Keynes's rejection of Say's law has on the whole been accepted within mainstream economics since the 1940s and 1950s in the neoclassical synthesis, but debate continues ...
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Political economy is the study of production and trade and their relations with law, custom and government; and with the distribution of national income and wealth.As a discipline,
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economy" signifying the Greek word ... download Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He led the free-trade movement in France from its inception in 1840 until his untimely death in 1850. The first 45 years of his life were spent in preparation for five tremendously productive years writing in favor of freedom. Bastiat was the founder of the […] Numquid resina non est in Galaad? Is there no balm in Gilead? Jeremiah 8:22. Editorial
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INTERNATIONAL POLITICAL ECONOMY (IPE)
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