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What Do Supply and Demand Curves Really Tell Us? Not Very Much

English
Audio Mises Wire
Mises.org Publish Date: 
October 21, 2022 - 2:00 PM
Author 1: 
Frank Shostak [1]

It is easy to think of supply and demand curves as being key to economic analysis. In reality, they can't tell us much, and emphasizing them actually stands in the way of better understanding economic processes.

Original Article:  [2]"What Do Supply and Demand Curves Really Tell Us? Not Very Much" [3]

This Audio Mises Wire is generously sponsored by Christopher Condon. '

Media: 
Austrian School: 
Praxeology [4]
Prices [5]
Production Theory [6]

Source URL:https://mises.org/library/what-do-supply-and-demand-curves-really-tell-us-not-very-much

Links
[1] https://mises.org/profile/frank-shostak [2] https://mises.org/wire/were-getting-poorer-price-inflation-grew-faster-wages-again-september [3] https://mises.org/wire/what-do-supply-and-demand-curves-really-tell-us-not-very-much [4] https://mises.org/austrian-school/praxeology [5] https://mises.org/austrian-school/prices [6] https://mises.org/austrian-school/production-theory