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Flawed Foundations of General Equilibrium Theory
As the title suggests, this publication explains how general equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels.
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As the title suggests, this publication explains how general equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels.
| ISBN / EAN | 9780415700016 |
|---|---|
| Auteur | Ackerman, Frank (Tufts University, USA) |
| Editeur | Taylor & Francis Ltd |