Reply To: Steven Kates on Say's Law


Thanks! You’ve written a lot, and I can’t responsibly respond to most of it without going and (re)reading the material. (And some of the stuff I’ve never read.)

Let me congratulate you on giving me something to ponder, with your two-good case. You’re right, in plain English it seems possible that Jim could overproduce A while Mary overproduces B, even though that is impossible in Walras’ system. So I have to think through whether this is a deep problem, or just a quirk. Either way, you have definitely gotten me to think through this more deeply than I have before.