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This thought-provoking volume seeks to answer some of the ultimate economic questions in terms of a theory that emerged with Adam Smith and is now come to full
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The papers that comprise this collection introduce key advances in modern value theory. Equilibrium and non-equilibrium approaches are discussed alongside the t
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The most common mode of analysis in economic theory is to assume equilibrium. Yet, without a proper theory of how economies behave in disequilibrium, there is n
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Type: BOOK - Published: 2016-05-11 - Publisher: World Scientific
The economic theory of general equilibrium underpins the most important models used in economic theory in general and in its more specialized areas such as macr