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by strypey 2966 days ago
> It is a supply and demand curve. Where they meet is the equilibrium.

Academic economists like Steve Keen have totally demolished the classic supply/demand curve: https://unlearningeconomics.wordpress.com/2012/06/25/debunki...

Here's a suitably scornful graphical version: https://www.youtube.com/watch?v=Y3wUqcapSU4