Imagination, Exchange and Business Enterprise in Smith and Shackle

Jan Kregel

Chapter 6 in Unknowledge and Choice in Economics, 1990, pp 81-95 from Palgrave Macmillan

Abstract: Abstract Current discussion of the ‘microfoundations’ of economic theory is dominated by General Equilibrium theory. Even economists seeking to preserve what are euphemistically called ‘Keynesian insights’ search for a Walrasian basis for ‘Keynesian’ macrotheory.

Keywords: General Equilibrium; Business Enterprise; Invisible Hand; Perfect Competition; General Equilibrium Theory (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08097-7_6

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DOI: 10.1007/978-1-349-08097-7_6

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