THE AUSTRIAN SCHOOL OF ECONOMICS AND MARKET INSTABILITY
Market equilibrium is an illusion. The economic reality shows us that the main characteristic of the markets is the state of instability. The complexity of the phenomenon and the strong implications engendered by the economic fluctuations in the macro system, justify the rich scientific research act...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Alexandru Ioan Cuza University of Iasi
2013-03-01
|
| Series: | CES Working Papers |
| Subjects: | |
| Online Access: | http://www.cse.uaic.ro/WorkingPapers/articles/CESWP2013_V1_TIG.pdf |