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The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism
George Reisman
28 episodes
1 day ago
George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics, and the author of Capitalism: A Treatise on Economics. The Capitalist Professor is a podcast featuring his university lectures on the economics of capitalism. His website is www.capitalism.net. Follow him on Twitter @GGReisman. His blog is georgereismansblog.blogspot.com.
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All content for The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism is the property of George Reisman and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics, and the author of Capitalism: A Treatise on Economics. The Capitalist Professor is a podcast featuring his university lectures on the economics of capitalism. His website is www.capitalism.net. Follow him on Twitter @GGReisman. His blog is georgereismansblog.blogspot.com.
Show more...
Courses
Education
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Capitalism Macroeconomics Lecture 5
The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism
2 hours 45 minutes 31 seconds
5 years ago
Capitalism Macroeconomics Lecture 5

Say’s Law. Monetary demand and real demand; why only more production and supply can increase real demand. Say’s Law and the harmony of long-run self-interests. Say’s Law and the impossibility of a general overproduction; why falling prices caused by increased production do not represent deflation.

READINGS

  • Reisman: pp. 559–599
  • Optional: James Mill, “Consumption” and “Of the National Debt” in Supplementary Readings in Macroeconomics
  • [James Mill, Commerce Defended, reprinted in James Mill Selected Economic Writings]; Optional: Samuelson, Chapter 12
The Capitalist Professor with George Reisman, Ph.D. - Free College Courses on Capitalism
George Reisman, Ph.D., is Pepperdine University Professor Emeritus of Economics, and the author of Capitalism: A Treatise on Economics. The Capitalist Professor is a podcast featuring his university lectures on the economics of capitalism. His website is www.capitalism.net. Follow him on Twitter @GGReisman. His blog is georgereismansblog.blogspot.com.