American Institute for Economic Research,
February 9, 2020, 11 pgs.,
Reviewer comment
This is an excellent discussion of the important and valid concept published by
the French economist, Jean-Baptiste Say (known as Say's Law) and the mistaken
effort to deny its validity by John Maynard Keynes in the 1930's. Unfortunately
the political support for near everything Keynes wrote caused the economic
establishment to accept that Say's Law is not valid and should be ignored. The
result is one of the major causes of mistaken economic - monetary - fiscal
government policy until after the 1980's.