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Uploaded on Aug 19, 2011
Dr. Paul Cwik, associate professor of economics at Mount Olive College, explains why Say's Law should be defined as "we produce in order to consume," rather than the standard Keynesian version of "supply creates its own demand." Cwik offered these comments during an interview for Carolina Journal Radio (CarolinaJournalRadio.com) Program No. 431. Video courtesy of CarolinaJournal.tv.