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The Flawed Foundations of General Equilibrium Theory

Critical Essays on Economic Theory

Frank Ackerman; Alejandro Nadal; Kevin P. Gallagher

Taylor & Francis

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464,95 kr.

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The Flawed Foundations of General Equilibrium Theory

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 resea