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dc.contributor.authorBloch, Harry
dc.date.accessioned2017-01-30T14:02:08Z
dc.date.available2017-01-30T14:02:08Z
dc.date.created2016-07-14T19:30:15Z
dc.date.issued2016
dc.identifier.citationBloch, H. 2016. Post Keynesian price theory with a Schumpeterian twist, in Courvisanos, J. and Doughney, J. and Millmow, A. (ed), Reclaiming Pluralism in Economics: essays in honour of John E. King, pp. 203-220. Abingdon, Oxon: Routledge.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/37350
dc.description.abstract

Price theory is at the core of neoclassical economics. It provides the linkages among the analyses of production, consumption and distribution as well as the basis for welfare theorems about the efficiency of competitive markets. Yet, it is based on the achievement of general equilibrium with assumptions of individual optimization and perfect information that are acknowledged as unrealistic. Nonetheless, neoclassical economists insist on the relevance of the theory for understanding economic development and for the formulation of public policy.

dc.titlePost Keynesian price theory with a Schumpeterian twist
dc.typeBook Chapter
dcterms.source.startPage203
dcterms.source.endPage220
dcterms.source.titleReclaiming Pluralism in Economics
dcterms.source.isbn9781317359876
dcterms.source.placeUSA
dcterms.source.chapter19
curtin.departmentSchool of Economics and Finance
curtin.accessStatusFulltext not available


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