Munich Personal RePEc Archive

The wondrous effortlessness of unifying circuit-, money-, price- and distribution theory

Kakarot-Handtke, Egmont (2011): The wondrous effortlessness of unifying circuit-, money-, price- and distribution theory.

WarningThere is a more recent version of this item available.
[img]
Preview
PDF
MPRA_paper_31279.pdf

Download (138kB) | Preview

Abstract

When anything goes and nothing fits together this can be euphemized as pluralism, blossoming with fresh ideas. Lacking a common fixed point, discussions between various schools of economic thought actually amount to a repetition of contradicting views with more refined arguments. It seems impossible to find an intersection of the different approaches. Yet there must exist one because the subject matter is the same. The difference of perspectives is due to self-chosen fundamental assumptions. What is called for is a minimalist common set of assumptions. The present paper submits three structural axioms as an open formal platform.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.