4 ms·
There’s also the whole fringe topic of disequilibrium economics, which eschews most of what all economics assume by fiat (that economies are in equilibrium and
by qubex 6y ago
There’s also the whole fringe topic of disequilibrium economics, which eschews most of what all economics assume by fiat (that economies are in equilibrium and get shocked out of it, and then resume some kind of trajectory back to the new equilibrium).