tag:blogger.com,1999:blog-7630371646111932397.post789573623800081703..comments2013-02-07T21:39:35.620-08:00Comments on Debunking Economics: Keen on Says Law & AustriansHard-Money Manhttp://www.blogger.com/profile/14997720021798091375noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7630371646111932397.post-28473076763624047092013-02-07T21:39:35.620-08:002013-02-07T21:39:35.620-08:00are you telling me that a 2011 book says something...are you telling me that a 2011 book says something that has been refuted decades ago?<br /><br />Hazlitt in 1959: “No important economist, to my knowledge, ever made the absurd assumption (of which Keynes by implication accuses the whole classical school) that thanks to Say's Law depressions and unemployment were impossible, and that everything produced would automatically find a ready market at a profitable price. Say's Law, to repeat, was, contrary to the assertions of the Keynesians, not the cornerstone on which the great edifice of the positive doctrines of the classical economists was based. It was itself merely a refutation of an absurd belief prevailing prior to its formulation.” This (post)keynesians guys are amazing!<br />Guillermo Sánchezhttps://www.blogger.com/profile/01174951675530372120noreply@blogger.com