ABSTRACT

This book considers the treatment of equilibrium by several of the most important schools of thought in economics, including:
* neoclassical economics,
* the neo-Ricardian economics,
* Post-Keynesian economics - both those who follow Joan Robinson in denying any interpretative role to equilibrium in economic theorizing and those who use the notion of equilibrium, but re-defined from a Classical or Keynesian perspective.

chapter |2 pages

Introduction

part I|66 pages

The Idea of Equilibrium in Economic Theorizing

part III|34 pages

Equilibrium in the Classical Conception

part IV|31 pages

Equilibrium in the Keynesian Conception: Theoretical Analysis and Hints for Economic Policy