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By:Keizo Nagatani,Professor of Economics Keizo Nagatani
Published on 1989 by Oxford [England] : Clarendon Press

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Nagatani here contends that economic activities are human affairs, and that when humans interact, market equilibrium is not unique but multiple, with no natural tendency to converge on the optimum. Arguing that neoclassical economics, founded on the assumptions of individual rationality and market equilibrium, provides an inadequate analytical structure for the examination of human economic behavior, he discusses actual problems of poverty and economic development as evidential to this apparent impass between theory and reality. He propounds as alternative determinants of economic performance the internal markets of economic organizations and their interactions, and draws on his experience as an academic and bureaucrat in Japan and Canada in defending his thesis.

This Book was ranked at 3 by Google Books for keyword Macroeconomics.

Book ID of Political Macroeconomics's Books is GtW7AAAAIAAJ, Book which was written byKeizo Nagatani,Professor of Economics Keizo Nagatanihave ETAG "mHgfOorD+SM"

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