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" The concept of equilibrium in different economic traditions : "


Document Type : BL
Record Number : 857034
Main Entry : Tieben, Bert,1967-
Title & Author : The concept of equilibrium in different economic traditions : : an historical investigation /\ Bert Tieben.
Publication Statement : Cheltenham, UK ;Northhampton, MA :: Edward Elgar,, ©2012.
Page. NO : vii, 682 pages :: illustrations ;; 24 cm
ISBN : 1781953511
: : 1848449933
: : 9781781953518
: : 9781848449930
: 9781781953518
Bibliographies/Indexes : Includes bibliographical references (pages 616-653) and index.
Contents : Introduction -- What is Equilibrium? -- Methodological assessment -- The origins of economic equilibrium -- The circular flow of goods and money -- Adam Smith's Love of system -- Statics and dynamics in classical economics -- Mathematical revolution -- The dreamland of Léon Walras -- The subjectivist challenge of the Austrian school -- Monetary equilibrium -- Dynamic analysis in monetary theory -- The impact of uncertainty -- Creative entrepreneurship: chaos or coordination? -- Evolutionary economics -- Disequilibrium foundations of equilibrium analysis -- Economics with or without equilibrium?
Abstract : This book deals with one of the most puzzling concepts in economic science, that of economic equilibrium. In modern economics, equilibrium is considered a key assumption, but its role is contested by economists both from within the mainstream and from rival schools of thought.
Subject : Equilibrium (Economics)
Subject : Equilibrium (Economics)
Dewey Classification : ‭339.5‬
LC Classification : ‭HB145‬‭.T54 2012‬
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