The basic tools of supply and demand -- presented and extended in Chicago Price Theory -- help immensely to understand and predict everyday events in our world. These events relate to, among other things, macroeconomics, fiscal policy, health and labor markets, and industrial organization.
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Next, ask those small business owners whether a lack of credit is a constraint on their businesses.
The answer? No. It's literally the *last* thing on their list.
http://www.asymptosis.com/the-sky-is-falling-business-lending-down-1-2-percent.html
Insufficient aggregate demand!
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