What is it about?
Getting into equilibrium
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Why is it important?
saddle-path equilibrium cannot be approached
Perspectives
Joan Robinson's critique of mainstream capital theory had two aspects. Re-switching and reverse capital deepening got all the attention, but she was more concerned with the problem of time in economic theory.
Harvey Gram
City University of New York System
Read the Original
This page is a summary of: Joan Robinson and MIT, History of Political Economy, September 2017, Duke University Press,
DOI: 10.1215/00182702-4193020.
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