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Author Archives: Alex McNeil

Posted inOpinion

Youth should speak up against supply and demand’s brutal calculus

by Alex McNeil September 20, 2018

In his Sept. 13 column titled “Supply and demand, a simple but brutal concept,” Victor Reyes uses the metaphor of an apple vendor to illustrate the capitalist market principle of supply and demand. Given 10 apples and a variable number of consumers, prices will reach a market equilibrium. Simple economics.  The same principle, he argues, […]

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