economy comments on Unemployment explanations - LessWrong

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

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Comment author: [deleted] 25 January 2015 02:35:07AM 0 points [-]

Yes, this. Any number of unsold product does not indicate a failure for the market to clear per se. It just means that someone guessed wrong as to what that price is.