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Classical Economics: Lost and Found.
- Source :
-
Independent Review . Summer2020, Vol. 25 Issue 1, p79-90. 12p. - Publication Year :
- 2020
-
Abstract
- The article focuses on classical economics. Topics include that the neoclassical mathematical theory of value culminated in Kenneth Arrow and Gerard Debreu's model characterizes the static general equilibrium state of an economy; and that the principle of individual utility maximization has no interesting implication for aggregate market demand.
Details
- Language :
- English
- ISSN :
- 10861653
- Volume :
- 25
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Independent Review
- Publication Type :
- Academic Journal
- Accession number :
- 144367664