Glorious economy

0
35

I’m not even sure if the concept of economic growth is compatible with the notion of equilibrium.

answer
Richard Murphy said:
November 12, 2021 at 12:20 pm
Neoclassicals would disagree with you

answer

No, not really. Equilibrium is a static state. Economic growth is driven by technological change. Technological change upsets the balance …

LEAVE A REPLY

Please enter your comment!
Please enter your name here