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A comment on It's the cities, stupid – Jane Jacobs' macroeconomics (2005). Parent comment

Re:It's the cities, stupid – Jane Jacobs' macroeconomics (2005) by conjectures on Tuesday January 05, 2016 @08:39AM (#10843154)
"The "importing" is not because of a true lack, but because it's a way to seek a lower price-point than they could get domestically."

Isn't this what a lack is? There are very few situations in which a needed thing doesn't exist at all.

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Re:It's the cities, stupid – Jane Jacobs' macroeconomics (2005) by Terr_ on Wednesday January 06, 2016 @01:07AM (#10848916)
I think "we need a X gallons of oil to run the factory" is a demand in the supply-vs-demand sense.

In contrast, "our profit is low because oil is expensive, let's lobby the government to build a new oil pipeline" is somehow different.

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