Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.


Chapter 8, Let's Do The Time Warp Again, p. 166 - Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

Steve Keen Quotes

Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.

Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.

Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.

Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.