Everything you may have wanted to know about equilibrium in economics.Post Keynesianism generally dismisses the neoclassical assumption of equilibrium in economic theory, but these posts serve to clarify the concept and the debate around it. David Glasner explores the history, while Jason Smith comments on the concept for the POV of physics and explains it in terms of information equilibrium.Uneasy MoneyOn Equilibrium in Economic Theory David Glasner | Economist at the Federal Trade Commission Information Transfer EconomicsAn agnostic equilibrium Jason SmithSee alsoThe Undercover HistorianWhat is the cost of ‘tractable’ economic models? Beatrice
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Mike Norman considers the following as important: David Glasner, Economic Theory, equilibrium, History of Economics, Jason Smith
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Everything you may have wanted to know about equilibrium in economics.
Post Keynesianism generally dismisses the neoclassical assumption of equilibrium in economic theory, but these posts serve to clarify the concept and the debate around it. David Glasner explores the history, while Jason Smith comments on the concept for the POV of physics and explains it in terms of information equilibrium.
Uneasy Money
On Equilibrium in Economic Theory
David Glasner | Economist at the Federal Trade Commission
An agnostic equilibrium
Jason Smith
See also
The Undercover Historian
What is the cost of ‘tractable’ economic models?
Beatrice