Le Chatelier and General Equilibrium

W. M. Gorman

Chapter 1 in Demand, Equilibrium and Trade, 1984, pp 1-18 from Palgrave Macmillan

Abstract: Abstract I have recently been reading the papers presented at a conference on methodology sponsored by the Royal Economic Society in the home of lost causes and the presidential addresses that gave rise to it. Some of these1 are by old gentlemen like myself bewailing the conduct of the young, especially their use of mathematical and statistical arguments not heard in respectable households in the old days. As one these I have my own particular complaint: I was taught economics as a way of thinking about problems; it has become a body of theorems. Intuition and imagination have been sacrificed to precision and rigour, or so it seems to me.

Keywords: General Equilibrium; Price Change; Shadow Price; Profit Function; Industrial Output (search for similar items in EconPapers)
Date: 1984
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06358-1_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349063581

DOI: 10.1007/978-1-349-06358-1_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().