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Why Must Supply Precede Demand? Understanding Economic Foundations
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
Original Article: Why Must Supply Precede Demand? Understanding Economic Foundations
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By Mises Institute
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Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
Original Article: Why Must Supply Precede Demand? Understanding Economic Foundations
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