The Flawed Foundations of General Equilibrium Theory

The Flawed Foundations of General Equilibrium Theory

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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 Nadal, this book will appeal to students and researchers in economics and related social science disciplines.Critical Essays on Economic Theory Frank Ackerman, Alejandro Nadal, Kevin P. Gallagher. formation, in order to examine ... This paradox suggests that something is wrong with either the theory or its applications. The premise of this book isanbsp;...


Title:The Flawed Foundations of General Equilibrium Theory
Author: Frank Ackerman, Alejandro Nadal, Kevin P. Gallagher
Publisher:Routledge - 2004-08-02
ISBN-13:

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