The Flawed Foundations of General Equilibrium Theory
Critical Essays on Economic Theory
Does economic theory, and its many practical applications, rest on concrete foundations? Given the influence and prestige afforded to orthodox economic policy advice, apparently the answer is a resounding yes. Economists Frank Ackerman and Alejandro Nadal present a fundamental challenge to this received wisdom, demonstrating that neither the abstractions of general equilibrium nor their real-world consequences, stand up to logical scrutiny. Themes critically analyzed in this book include: * Economics' assumptions about consumer behavior* Individual choices and the role of money* The Application of economic theory to current debates in globali…
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Produktdetails
Weitere Autoren: Nadal, Alejandro / Gallagher, Kevin P.
- ISBN: 978-1-135-99737-3
- EAN: 9781135997373
- Produktnummer: 22634764
- Verlag: Taylor & Francis Ltd.
- Sprache: Englisch
- Erscheinungsjahr: 2004
- Seitenangabe: 240 S.
- Plattform: EPUB
- Masse: 541 KB
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