Equilibrium and Economic Theory (Routledge Studies in the History of Economics, 11)

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. Preliminaries......Page 1 CONTENTS......Page 8 1 THE NOTION OF EQUILIBRIUM IN ECONOMIC THEORY......Page 22 2 EQUILIBRIUM, REPRODUCTION AND CRISIS......Page 52 3 EQUILIBRIUM, DISEQUILIBRIUM AND MACROECONOMIC THEORY......Page 59 4 CATHOLICITY' OF GENERAL EQUILIBRIUM......Page 88 5 EQUALITY OF RATES OF RETURN IN MODELS OF GENERAL ECONOMIC EQUILIBRIUM WITH CAPITAL ACCUMULATION......Page 105 6 THE THEORY OF EQUILIBRIUM WITH STOCHASTIC RATIONING......Page 133 7 ON SOME SUPPOSED OBSTACLES TO THE TENDENCY OF MARKET PRICES TOWARDS NATURAL PRICES......Page 150 8 THE CONCEPT OF EQUILIBRIUM AND THE REALITY OF UNEMPLOYMENT......Page 184 9 LONG-PERIOD POSITIONS AND KEYNESIAN SHORT-PERIOD EQUILIBRIUM......Page 199 10 THE NOTION OF OPTIMUM DISEQUILIBRIUM......Page 209 Author Index......Page 213 Economics Preliminaries 1 CONTENTS 8 1 THE NOTION OF EQUILIBRIUM IN ECONOMIC THEORY 22 2 EQUILIBRIUM, REPRODUCTION AND CRISIS 52 3 EQUILIBRIUM, DISEQUILIBRIUM AND MACROECONOMIC THEORY 59 4 CATHOLICITY' OF GENERAL EQUILIBRIUM 88 5 EQUALITY OF RATES OF RETURN IN MODELS OF GENERAL ECONOMIC EQUILIBRIUM WITH CAPITAL ACCUMULATION 105 6 THE THEORY OF EQUILIBRIUM WITH STOCHASTIC RATIONING 133 7 ON SOME SUPPOSED OBSTACLES TO THE TENDENCY OF MARKET PRICES TOWARDS NATURAL PRICES 150 8 THE CONCEPT OF EQUILIBRIUM AND THE REALITY OF UNEMPLOYMENT 184 9 LONG-PERIOD POSITIONS AND KEYNESIAN SHORT-PERIOD EQUILIBRIUM 199 10 THE NOTION OF OPTIMUM DISEQUILIBRIUM 209 Author Index 213 Edited By Giovanni Alfredo Caravale. Includes Bibliographical References And Index.