The aim of this paper is to question a view, which is usually taken for granted, namely that the Marshallian partial equilibrium and Walrasian general equilibrium analysis stand in a relationship of continuity. It will be claimed that the contrary is true: the generalisation of the Marshallian...

Our article provides a critical assessment of the Walrasian research program. It is based on an original methodogical viewpoint, in which theories are seen as languages. It examines the rationale for developing alternative research programs and expounds some flaws of the "post-classical...

The aim of this paper is to put forward an alternative to the standard interpretation of Marshall's conception of equilibrium and time. In this new interpretation, the market-period receives a central role. It is considered as the unit of time of the analysis, on the one hand, and as the only...

The objective of the present study is to reflect upon the evolution of Keynesian theory from a specific angle of attack, by recounting the evolution of ideas regarding the theoretical acceptability of one particular yet central concept, namely involuntary unemployment. The first part presents my...

This article examines the question of which institutional assumptions underly competitive general equilibrium theory. Extending Walra’s terminology, the organization of trade hypothesis typical of this theory is called tâtonnement. Its components and its working principles are analysed...

The aim of this article is to analyse critically the definition of involuntary unemployment offered by Lindbeck and Snower in their insider-outsider model. Their category of involuntary unemployment will be shown to be broader than that of unemployment. Hence, with their definitional stance, it...