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Should Economists Dispense with the Notion of Equilibrium? · Study

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ArticleShould Economists Dispense with the Notion of Equilibrium?

Mark Setterfield1997

Article1997

Should Economists Dispense with the Notion of Equilibrium?

Mark Setterfield

76 citations·0/0 files stored·Journal of Post Keynesian Economics

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Economic Theory and Policy Economic Theory and Institutions Economic theories and models

Abstract

(1997). Should Economists Dispense with the Notion of Equilibrium? Journal of Post Keynesian Economics: Vol. 20, No. 1, pp. 47-76.

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References

1989Competing Technologies, Increasing Returns, and Lock-In by Historical Events 1985Clio and the economics of QWERTY 1937The General Theory of Employment 1994Increasing Returns and Path Dependence in the Economy 1992Innovation and growth in the global economy 1971General competitive analysis 1988The New Palgrave: A Dictionary of Economics.1972The Irrelevance of Equilibrium Economics

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Details

Year1997

Typearticle

Published1997-09-01

VenueJournal of Post Keynesian Economics

ISSN-L0160-3477

Languageen

Citations76

Files0 public / 0

ShelfEconomic Theory and Policy

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doi10.1080/01603477.1997.11490138

openalex_workW615806545

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1999Expectations, Path Dependence and Effective Demand: A Macroeconomic Model along Keynesian Lines

2017A theory of economic policy lock-in and lock-out via hysteresis: rethinking economists’ approach to economic policy