EPISODE · Sep 12, 2020 · 3H 12M

5. Capitalism Microeconomics: Demand and supply

from The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism · host George Reisman

Demand and supply curves. The law of demand. Elasticity of demand. The uniformity-of-profit principle and its applications to consumer sovereignty, economic progress, farm subsidies, rent and price controls, profit taxes, and racial discrimination. READINGS Reisman: Chapter 5, Part B; Chapter 6, Part A Samuelson: Chapters 3–5 (to p. 86)

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