There was a lady wittering on about the Law of Supply and Demand on Newsnight last night.
I disagreed with her.
There is no such law.
There are basic human needs.
That's about as far as it goes.
Every price that exists and every price that has ever existed and every price that will ever exist is determined by humans.
The news and professional economists (deliberately) encourage people to believe that prices and other economic phenomena are like the weather, and that nothing can be done about them and that they just change like the wind and we are powerless to affect them.
Bollocks.