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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Editura ASE Bucuresti
2016-05-01
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Series: | The Journal of Philosophical Economics |
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Online Access: |
http://jpe.ro/pdf.php?id=7513
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