General Equilibrium Theory, which became the dominating paradigm
after the Second World War, is founded on the postulated existence,
uniqueness, and stability of equilibrium in economic processes.
Since then, the concept has come under sustained attack from all
points of the heterodox compass, from Austrian economists to
Marxists.
Partly in response to these pressures, mainstream economics has
changed and moved away from the rigid framework of GET.
Nonetheless, economists are continually arguing in terms of
equilibrium and the existence of a variety of equilibrium concepts
continues to stir controversy.
The contributions in this book, which include articles from Tony
Lawson, Ivor Grattan-Guinness and Roger Backhouse, highlight
current notions of equilibrium in economics and provide a guide to
understanding the links between economic theory and economic
reality.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Frontiers of Political Economy |
Release date: |
2009 |
First published: |
2007 |
Editors: |
Valeria Mosini
|
Dimensions: |
234 x 156 x 17mm (L x W x T) |
Format: |
Paperback
|
Pages: |
310 |
ISBN-13: |
978-0-415-49366-6 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
0-415-49366-8 |
Barcode: |
9780415493666 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!