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Keynes has disapproved the say's law supply creates its own demand but I want to know if there is any empirical evidence that this law doesn't hold true Theoretically keynes successfully

Keynes has disapproved the say's law "supply creates its own demand" but I want to know if there is any empirical evidence that this law doesn't hold true? Theoretically, keynes successfully disapproved it by stating that if supply is there and no demand follows or demand doesn't rise in proportion to the supply then inventories will build up and producers will be forced to cut price and halt production and then we will have slowdown. But does this hold true?

Apr 12 2020 View more View Less

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