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The Flawed Foundations of General Equilibrium Theory
Critical Essays on Economic Theory
Series: Routledge Frontiers of Political Economy
This book, as the title suggests, 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. Under the impressive editorship of Ackerman and...
Published September 12th 2012 by Routledge