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Journal of Post Keynesian Economics Volume 30, 2008 - Issue 3
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Original Article

Stability, equilibrium, and realism: a response to Sardoni

Dany Lang Department of Economics, National University of Ireland, Galway
&
Mark Setterfield LEREPS, Université de Toulouse 1, France
Pages 491-495 | Published online: 08 Dec 2014

References

  • Backhouse, R. "History and Equilibrium: A Partial Defense of Equilibrium Economics." Journal of Economic Methodology, 2004, 11 (3), 291-305.
  • Crotty, J. "Are Keynesian Uncertainty and Macrotheory Compatible? Conventional Decision Making, Institutional Structures and Conditional Stability in Keynesian Macromodels." In G. Dymski and R. Pollin (eds.), New Perspectives in Monetary Macroeconomics. Ann Arbor: University of Michigan Press, 1994, pp. 105-139.
  • Holling, C.S. "Resilience and Stability of Ecological Systems." Annual Review of Ecology and Systematics, 1973, 4, 1-23.
  • Keynes, J.M. The General Theory of Employment, Interest and Money. London: Macmillan, 1936.
  • Lang, D., and Setterfield, M. "History Versus Equilibrium? On the Possibility and Realist Basis of a General Critique of Traditional Equilibrium Analysis." Journal of Post Keynesian Economics, Winter 2006-7, 29 (2), 191-209.
  • Sardoni, C. "Some Considerations on Equilibrium and Realism." Journal of Post Keynesian Economics, Spring 2008, 30 (3), 485-490.
  • Setterfield, M. "Expectations, Endogenous Money and the Business Cycle: An Exercise in Open Systems Modeling." Journal of Post Keynesian Economics, Fall 2000, 23 (1), 77-105
  • Setterfield, M. "Are Functional Relations Always the Alter Ego of Humean Laws?" Review of Political Economy, 2007, 19 (2), 203-217.

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