need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.
Henry Hazlitt, Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics
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This page presents the quote "need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.". Author of this quote is Henry Hazlitt, Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics. This quote is about economics, supply,.