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  • Equilibrium in Economics
    Valeria Mosini
    General Equilibrium Theory, which became the dominating paradigm after the Second World War,  is founded on the postulated existence, uniqueness, and stability of equilibrium in economic processes. Since then, the concept has come under sustained attack from all points of the heterodox compass, from Austrian economists to Marxists. Partly in response to these pressures, mainstr...
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