The Flawed Foundations of General Equilibrium Theory: Critical Essays on Economic Theory (Routledge Frontiers of Political Economy)

The Flawed Foundations of General Equilibrium Theory: Critical Essays on Economic Theory (Routledge Frontiers of Political Economy)

by Frank Ackerman (Author), Alejandro Nadal (Author), Frank Ackerman (Author), Alejandro Nadal (Author), Kevin P. Gallagher (Author)

Synopsis

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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More Information

Format: Hardcover
Pages: 240
Edition: 1
Publisher: Routledge
Published: 24 Jun 2004

ISBN 10: 0415700019
ISBN 13: 9780415700016