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Say's Law—the idea that "supply creates its own demand"—has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution a

This is an examination of the concept of the Law of Markets, controversial since Keynes' General Theory, and also debated even longer, since James Mill propound

From the 30 year General Glut debate at the start of the 19th century which focused solely on its truth, to the Keynesian revolution and Keynes's successful att