The case for increasing returns (2): the methods of planning horizons
In neoclassical economics, substitution assumptions support equilibrium models in closed systems shunning interdependence. On these grounds an array of frames show outcomes as stable, efficient, unique and determinate. Heterodox economists say equilibrium models sidestep practical knowledge and the...
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Format: | Article |
Language: | deu |
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Rosetti Internaţional
2016-05-01
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Series: | Journal of Philosophical Economics |
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Online Access: |
http://jpe.ro/pdf.php?id=7513
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