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microeconomics

microeconomics

Geoff Wilson explains why microeconomists were mostly right and what a business can do about it.  We are in a world of opportunity and hurt.  Demand is high, spirits (and prices) are up, and supply is constrained.  What’s a leader to do? When I was a young man I learned microeconomics on the back of a simple diagram with two lines…one for demand (always downward sloping) and one for supply (this one goes up). Turns out, the microeconomists were right. …