http://www.eoearth.org/article/supply_and_demand
I can't remember who recommended the Neva Goodwin, et al textbook on microeconomics. There seems to be a lot of good stuff in it, so I look forward to getting it. One of the cowriters Frank Ackerman seems very interesting indeed. But I found this on the web, and it seems to be pretty close to the standard supply and demand economics. http://www.eoearth.org/article/supply_and_demand No mention that the "adjustment" process to disequilibrium may often be no such thing and actually take the economy farther away from equilibrium. So I am still on the lookout for work that puts disequilibrium dynamics at the center of its presentation of supply and demand analysis. Maybe I am missing something but it's totally shocking how absent that kind of analysis seems to be from the presentation of economics to lower division undergraduates and laypersons. Am I right to be shocked? Or am I missing something? Yours, Lakshmi
_______________________________________________ pen-l mailing list pen-l@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/pen-l
