Supply & Demand
The Theory of Economics does not furnish a body of settled conclusions
immediately applicable to policy. It is a method rather than a
doctrine, an apparatus of the mind, a technique of thinking, which
helps its possessor to draw correct conclusions. It is not difficult
in the sense in which mathematical and scientific techniques are
difficult; but the fact that its modes of expression are much less
precise than these, renders decidedly difficult the task of conveying
it correctly to the minds of learners.
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