Snippets from the Trenches by Freda Wagman
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The Supply and Demand Paradox: A Treatise on Economics
Byron Fisher's new book, The Supply and Demand Paradox, is a remarkable book that addresses two fundamental questions within the field of economics: 1) Will a consumer demand a good or service simply because a producer supplies it? 2) Will a producer supply a good or service simply because a consumer demands it? The author answers both questions fully, in presenting a theory that he has developed -- known as the Supply and Demand Paradox (SDP). With logical and straightforward explanations, he makes clear to the reader exactly why the supply of a particular product or service cannot in and of itself generate demand. In stark contrast, demand for any product or service -- whether illicit or not -- will always generate supply, as it spurs one or more business organizations to satisfy that demand in the pursuit of profits. This unique new theory is applied to a host of fields, including evolutionary biology, political science, organized crime, and the origin of financial markets. Anyone with an interest in economics, free markets, and the powerful influences of supply and demand, will find this book well worth reading.
(Ed. We're lovin' that it's "de rigeur" now! 15 years and the world has cauight up!)
My post-army life was the life of an educator in Academic Health Centers.I grew up farming. I attended both public and private school. I stood at the head of my class, but naïve as country can make one. What I should have learned in Kindergarten took a lifetime. These stories are the tales I told my children and theirs when ever hard knocks came their way. During World War II, I was a member of Company D 115th Medical Battalion attached to the 40th infantry division. I served in New Guinea, New Briton, Luzon, Southern Philippines, and Korea. I have the Victory Medal, American Theater Ribbon, Asiatic-Pacific Theater Ribbon with three bronze battle stars, one Bronze Service Arrowhead (for three assault landings), and Philippine Liberation Ribbon with two battle stars, and two overseas service bars. I reached the rank of Medical and Surgical Tech. (T/3) although I had been trained to be a dental tech.