Wednesday, June 17, 2015

Textbook Case

I really like this NY Times headline:

"Bird Flu Sends Egg Prices Up, but Slowing Demand Prevents Shortages"

Supply and Demand - behold with awe.
Not just a good idea, it's the law!
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2 comments:

  1. Charlie McDanger8:58 PM

    NYT has a curious ability to forget this law when it comes to labor markets.

    ReplyDelete
  2. John Enright10:37 PM

    Apparently it is inoperative in just those markets!

    ReplyDelete