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This book compares the economic theory of the early neoclassical economists with the theory of value of the post-World War II period, and in particular the Arrow-Debreu model of general equilibrium. It argues that many of the difficult problems faced in the early parts of the century - that led in many cases to revolutions in the 1930s and 40s - have not been successfully resolved by later theoretical work.

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Book Details

ISBN: 9780195100877
ISBN-10: 0195100875
Format: Hardback
(242mm x 161mm x 22mm)
Pages: 224
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 1-Feb-1999
Country of Publication: United States

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Books By Author Michael Mandler

Dilemmas in Economic Theory by Michael Mandler

Dilemmas in Economic Theory

Paperback, February 2001
$63.86