But Michael if the "adjustment" process to disequilibrium brings about a new equilibrium price the "adjustment" to which brings about another equilibrium price and so on, then why teach students supply and demand adjustments around a fixed equilibrium at all? And why teach them Sraffian price theory (insofar as it a price theory as opposed to a critique of marginalism)? Aren't economists worried that they are teaching the equivalent of the Aristotelian idea that the natural state to which things tend is rest? Why aren't economists putting the TSSI ideas in their textbooks? LR
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