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Here is a link to a good article by economist Thomas Sowell on surpluses and shortages, and how both are controlled by price. This is not the same article linked in another post. It is called, "It's Time for Journalists to Study a Little Economics."

Link: http://www.townhall.com/columnists/thom ... 0629.shtml
 

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Supply and demand is the very core of the Austrian School of economics, the fundamental things apply, as time goes by.
 

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