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The Flawed Foundations of General Equilibrium Theory
- Critical Essays on Economic Theory
part of the Routledge Frontiers of Political Economy series
- Binding:
- Hardback
- Pages:
- 240
- Published:
- June 23, 2004
- Dimensions:
- 156x234x14 mm.
- Weight:
- 522 g.
Delivery:
2-3 weeks
Expected delivery: December 12, 2024
Description of The 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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