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Equilibrium in Economics: Scope and Limits

Обложка книги Equilibrium in Economics: Scope and Limits

Equilibrium in Economics: Scope and Limits

General Equilibrium Theory, which became the dominating paradigm after the Second World War, is founded on the postulated existence, uniqueness, and stability of equilibrium in economic processes. Since then, the concept has come under sustained attack from all points of the heterodox compass, from Austrian economists to Marxists.
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