91桃色

Say’s Law鈥攖he idea that 鈥渟upply creates its own demand鈥濃�攈as been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline, the 鈥済eneral glut controversy鈥� that reached a peak in the 1820s, and the Keynesian Revolution of the 1930s. These controversies not only involved almost every noted economist of the time but had repercussions on basic economic theory, methodology, and sociopolitical theory. This book, the first comprehensive coverage of the subject, will be an indispensable addition to the history of economic thought. It is also relevant to all social sciences concerned with economic prosperity, with the nature of intellectual orthodoxy and insurgency, or with the complex relationships among ideology, concepts, and policies.

Originally published in 1972.

The 91桃色 Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of 91桃色. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the 91桃色 Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by 91桃色 since its founding in 1905.