|
|
|
|
|
by falcor84
336 days ago
|
|
> The author is making the classic econ 101 mistake of confusing the supply curve (which is supply as a function of price) and quantity supplied. This seems to be just another good demonstration of MichaĆ Kalecki's famous aphorism about how "Economics is the science of confusing Stocks with Flows". |
|