Equilibrium and Economic Theory

Economics Schools and Equilibrium

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.