Pengarang: Lionel W. McKenzie

Influential neoclassical economist Lionel Mc Kenzie has made major contributions to postwar economic thought in the fields of equilibrium, trade, and capital accumulation. This selection of his paper …

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Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of the theory began only in the 1930s and 1940s. This book focuses on the version of …