Slattery, David; Nellis, Joseph; Josifidis, Kosta; … - In: European Journal of Economics and Economic Policies: … 10 (2013) 3, pp. 313-326
This paper calls for a new approach to economic theorising in the aftermath of the global financial crisis of 2007–2008. We examine two key theories which suggest that markets are stable self-correcting efficient systems. These theories, namely General Equilibrium Theory and the Efficient...