Classical Economics: Lost and Found

• Tác giả: Sabiou Inoua, Vernon Smith
• Ngôn ngữ: eng
• Ký hiệu phân loại: 330.153 Classical economics
• Thông tin xuất bản: 2023
• Bộ sưu tập: Báo, Tạp chí
• ID: 198089

Tóm tắt

"Economists miss the boat when they act as if Arrow and Debreu's general equilibrium model accurately describes markets in the real world of constant change. In contrast, the classical view on the market mechanism offers a helpful foundation on which to add modern insights about how markets create and coordinate information."