Basic demand side economics. Starting out in economics, we are - TopicsExpress



          

Basic demand side economics. Starting out in economics, we are all (I think) slightly confused or bemused by the term demand side economics. But we all understand it. Every business needs customers, or consumers, or a market. Classical economics focused so much on the creation of wealth, the producers, entrepreneurs, the supply side, that they failed to adequately consider how crucial it is to pay your workers well enough so that they can also BUY YOUR GOODS. (Services, too). Lift people into the middle class, if you want your economy to thrive. I love this meme. I really says it accurately. Boils it down to the key. facebook/NoTeaParty Thanks US Uncut
Posted on: Tue, 16 Dec 2014 20:31:30 +0000

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