economy comments on Unemployment explanations - Less Wrong

28 Post author: Stuart_Armstrong 07 November 2014 05:12PM

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Comment author: [deleted] 25 January 2015 02:36:47AM 0 points [-]

Or the market would fail to exist when someone is unwilling to buy or sell at the price necessary for the exchange to go through. It's not a market without a buyer and a seller, so all markets would clear here because the markets that wouldn't would never be realized.