The Delusions of Economics by Gilbert Rist;
Author:Gilbert Rist;
Language: eng
Format: epub, pdf
Publisher: Bloomsbury UK
CHAPTER 7
EQUILIBRIUM
Equilibrium is unquestionably one of the keywords of economic âscienceâ.1 Accounts (budget, foreign trade) have to âbalanceâ â otherwise there is a âsurplusâ or a âdeficitâ. Losses have to be âoffsetâ by gains, and the market must find an âequilibrium priceâ satisfactory to all. What could be more reassuring? The harmony reigning in this enchanted world, which reminds one of the harmony of the spheres in antiquity,2 is evidently steeped in Newtonian mechanics, with its belief in the reversibility of time and its ignorance of the entropy growth resulting from the use (and hence destruction) of natural resources in the production process.
Download
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.
Incentives and Prosocial Behavior by Incentives & Prosocial Behavior(312)
Reframing Difference in Organizational Communication Studies: Research, Pedagogy, and Practice by Dennis K. Mumby (editor)(306)
Financial Markets, Public Policy, and the East Asian Miracle by Financial Markets Public Policy & the East Asian Miracle(253)
The 21 Irrefutable Truths of Trading: A Trader's Guide to Developing a Mind to Win by John Hayden(224)
Handbook of Intercultural Communication and Cooperation (9783666403279) by Unknown(220)
Human Security in Turkey by Alpaslan Özerdem Füsun Özerdem(216)
How the World Became Rich: The Historical Origins of Economic Growth by Mark Koyama & Jared Rubin(203)
Guns of the World by Unknown(198)
Human-Computer Interaction by unknow(178)
Inheritance and Wealth Inequality in Britain by Harbury Colin;Hitchins David;(178)
The Way of the Wall Street Warrior by Dave Liu & Adam Snyder(171)
Fandom Analytics by Michael Lewis(171)
Food Security, Affordable Housing, and Poverty by Ahmet Suayb Gundogdu(165)
Asset Integrity Management Systems a Complete Guide - 2020 Edition (9780655989844) by Blokdyk Gerardus(160)
The Delusions of Economics by Gilbert Rist;(160)
Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics by Deirdre Nansen McCloskey(156)
Diminishing Returns by Mark Blyth(155)
The Inclusion Toolbox by Jennifer A. Kurth & Megan Gross(152)
Creative problem solving for managers by Developing Skills for Decision Making & Innovation(152)
