Timeline for What do historians mean when they talk about "supply side" and "demand side" explanations of the industrial revolution?
Current License: CC BY-SA 4.0
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| Jan 21, 2019 at 19:18 | comment | added | user27618 | @LangLangC, When I hear supply and demand I naturally link them in the self balancing economic metric Adam Smith described 200+ years ago. It's odd to me to hear people favor one or the other. +1 for me though because I liked the way you worked in some of the controversies of deregulated economys which relegated pure capitalism to the way of the Doe Doe Bird. We have truly learned some things in the last 200+ years. Some things we will be forced to relearn. | |
| Jan 21, 2019 at 19:11 | comment | added | user27618 | Reasons why pure capitalism isn't around any longer... (1) natural tendency of free markets in post Industrial Age to devolve into an inefficient monopolistic economy. (2) reduced wages ( 3) reduced numbers of jobs. (4) consolidation of wealth. (5). most of the population living in poverty. example 80% of the U.S. Population living in poverty 1900. and Average American Family living on $3000 dollars a year in 1900, that's in today's dollars. | |
| Jan 21, 2019 at 11:05 | history | edited | LаngLаngС | CC BY-SA 4.0 |
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| Jan 21, 2019 at 2:33 | comment | added | MCW♦ | Speaking as the heavily biased economic commentator, I was laughing throughout - even though I find Keynes demand side addiction just as silly. | |
| Jan 21, 2019 at 0:38 | history | edited | LаngLаngС | CC BY-SA 4.0 |
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| Jan 21, 2019 at 0:30 | history | edited | LаngLаngС | CC BY-SA 4.0 |
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| Jan 21, 2019 at 0:20 | history | answered | LаngLаngС | CC BY-SA 4.0 |