General equilibrium, capital and macroeconomics : a key to recent controversies in equilibrium theory / Fabio Petri.
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TextSeries: New directions in modern economicsPublication details: Cheltenham, UK ; Northhampton, MA, USA : E. Elgar, c2004.Description: xii, 375 p. : ill. ; 25 cmISBN: - 1843768291
- 9781843768296 

- 339.5 22
- HB145 .P482 2004
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| 339.5 MOD Modern monetary macroeconomics : | 339.5 MOD Modern monetary macroeconomics : | 339.5 PER The macroeconomic mix to stop stagflation / | 339.5 PET General equilibrium, capital and macroeconomics : | 339.5 REI Reinventing functional finance : | 339.5 REI Reinventing functional finance : | 339.5 REY Review guide and workbook for use with macroeconomics: |
Includes bibliographical references (p. 341-359) and index.
Fabio Petri s book is a tour de force of critical economic analysis that carefully dissects the explanatory limitations of modern general equilibrium theory. The author shows how these weaknesses are connected to the capital controversies of the last century and to a little-noticed but scientifically disastrous shift in the orthodox conception of equilibrium. Having exposed these connections, he then presents a highly original discussion of their relevance to modern macroeconomics. The book s powerful case for the classical surplus approach will challenge the preconceptions of both neoclassicals and post Keynesians alike.
rpm 02/05/13
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