by Summary:
The organisers asked me to cover some of the critiques in Debunking Economics (http://www.amazon.com/Debunking-Economics-Expanded-Integrated-Dethroned-ebook/dp/B00A76X054), so I explained the failure of Neoclassical Economics to derive a market demand curve from individual ones (the “Sonnenschein-Mantel-Debreu Theorem”) and the invalidity of the model of perfect competition (http://www.paecon.net/PAEReview/issue53/KeenStandish53.pdf)
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
The organisers asked me to cover some of the critiques in Debunking Economics (http://www.amazon.com/Debunking-Economics-Expanded-Integrated-Dethroned-ebook/dp/B00A76X054), so I explained the failure of Neoclassical Economics to derive a market demand curve from individual ones (the “Sonnenschein-Mantel-Debreu Theorem”) and the invalidity of the model of perfect competition (http://www.paecon.net/PAEReview/issue53/KeenStandish53.pdf)
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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