economy comments on Unemployment explanations - LessWrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (96)
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.