What’s wrong with supply and demand?

It’s a tautology with no causal or explanatory power

Supply and demand is the bread and butter of mainstream economics discourse. Economists love to take reality, and simplify it into to some rule or pattern, that allows them to avoid discussing or addressing many real and complex issues.

This is the reason for the emphasis on empiricism. It is not sufficient to note the realities of accounting and resource decisions, but rather, some abstract quantitative rules must be discovered, which allow you to ignore…