A critique of orthodox economics : an alternative model /

Modern neoclassical economics is a theory of general equilibrium, based on assumptions of perfect competition, perfect knowledge of existing technology, and timeless - staticadjustment. Although useful for some purposes, this theory suffers from serious defects, both in its assumptions and in its pr...

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Bibliographic Details
Main Author: Lydall, Harold
Format: Book
Language:English
Published: New York : St. Martin's Press, 1998.
Subjects:
Table of Contents:
  • 1. The Causes of Economic Growth
  • 2. Neoclassical Theory
  • 3. Technology
  • 4. The Entrepreneur
  • 5. The Innovating Firm
  • 6. Product Differentiation
  • 7. Aggregate Analysis
  • 8. The Employment Limit
  • 9. Economic Development
  • 10. The Role of Government
  • 11. Summary: The Case for a New Approach.