The Flawed Foundations of General Equilibrium Theory
Critical Essays on Economic Theory
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Flawed Foundations of General Equilibrium Theory by Frank Ackerman
Book DescriptionThis book, as the title suggests, explains how General equilibrium, the dominant conceptual framework in mainstream economics, describes a perfectly impossible world. Even with its counterfactual assumptions taken for granted, it fails on many levels. Under the impressive editorship of Ackerman and Nadal, this book will appeal to students and researchers in economics and related social science disciplines.
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Book DetailsISBN: 9780415700016
(234mm x 156mm x 14mm)
Publisher: Taylor & Francis Ltd
Publish Date: 24-Jun-2004
Country of Publication: United Kingdom
Books By Author Frank Ackerman
Climate Protection and Development, Paperback (May 2012)
This book spells out what can and should be done to avert the real risks of disaster. It is not a story of complacent congratulation for "win-win" initiatives and "green" consumer choices. It summons us to an endeavour worthy of the resources and ingenuity of the twenty-first century.
Can We Afford the Future?, Paperback (October 2008)» View all books by Frank Ackerman
Offers a look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this problem. This book states that the benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations.
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