Equilibrium and economic theory / edited by Giovanni Alfredo Caravale.

Format:

Book

Contributor:

Caravale, Giovanni.

Series:

Routledge studies in the history of economics ; 11.

Routledge studies in the history of economics ; 11

Language:

English

Subjects (All):

Equilibrium (Economics).

Comparative economics.

Physical Description:

1 online resource (217 p.)

Edition:

1st ed.

Place of Publication:

London ; New York : Routledge, 1997.

Language Note:

English

Summary:

This book considers the treatment of equilibrium by several of the most important schools of thought in economics, including: * neoclassical economics, * the neo-Ricardian economics, * Post-Keynesian economics - both those who follow Joan Robinson in denying any interpretative role to equilibrium in economic theorizing and those who use the notion of equilibrium, but re-defined from a Classical or Keynesian perspective.

Contents:

Preliminaries; CONTENTS; 1 THE NOTION OF EQUILIBRIUM IN ECONOMIC THEORY; 2 EQUILIBRIUM, REPRODUCTION AND CRISIS; 3 EQUILIBRIUM, DISEQUILIBRIUM AND MACROECONOMIC THEORY; 4 CATHOLICITY' OF GENERAL EQUILIBRIUM; 5 EQUALITY OF RATES OF RETURN IN MODELS OF GENERAL ECONOMIC EQUILIBRIUM WITH CAPITAL ACCUMULATION; 6 THE THEORY OF EQUILIBRIUM WITH STOCHASTIC RATIONING; 7 ON SOME SUPPOSED OBSTACLES TO THE TENDENCY OF MARKET PRICES TOWARDS NATURAL PRICES; 8 THE CONCEPT OF EQUILIBRIUM AND THE REALITY OF UNEMPLOYMENT; 9 LONG-PERIOD POSITIONS AND KEYNESIAN SHORT-PERIOD EQUILIBRIUM

10 THE NOTION OF OPTIMUM DISEQUILIBRIUM Author Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9781134764365

1134764367

9781134764372

1134764375

9780415756914

041575691X

9781280067044

1280067047

9780203023235

0203023234

OCLC:

49803305