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Modern economics produces many interpretations of the category of equilibrium as well as competing views of its relevance or worth for economic theorizing. In particular, interpretations and valuations often differ systematically between mainstream and heterodox contributions. I argue that these...
Persistent link: https://www.econbiz.de/10005543588
In his response to my original paper "The (Confused) State of Equilibrium Analysis in Modern Economics: An Explanation," Weintraub sets forth a competing account of the nature of equilibrium theorizing in economics. Weintraub supposes (1) his account is better because (2) his approach to...
Persistent link: https://www.econbiz.de/10005750131
This paper argues that any successful project in economics will need to adopt a philosophical orientation that is rather different to that of the current mathematical mainstream. In particular, it argues that explicit, systematic and sustained ontological analysis is required. The possibilities...
Persistent link: https://www.econbiz.de/10010816825