The Flawed Foundations of General Equilibrium Theory : Critical Essays on Economic Theory book cover
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The Flawed Foundations of General Equilibrium Theory
Critical Essays on Economic Theory





ISBN 9780415654869
Published September 13, 2012 by Routledge
240 Pages

 
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Book Description

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.