significance of the qualifications and criticisms of equilibrium analysis in his Principles. This misinterpretation arises from a … did not arise from an attempt to preserve the concept of competitive equilibrium in a world where increasing returns are … of comparative static analysis of competitive equilibrium positions. The element of time had no role to play in such a …

some of the most essential elements of modern economic theory, the concepts of mutual determination and equilibrium … debates explain both Fisher’s exaggerations and Böhm- Bawerk’s refusal to be satisfied with equilibrium alone. …

This article highlights some of Sraffa’s main contributions to the methodology of economics. It argues that Sraffa … considerations of demand and the condition of equilibrium of demand and supply are irrelevant to a logical theory of prices. The …