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Article Dans Une Revue Accounting, Economics and Law: A convivium Année : 2019

Equilibrium and System Analysis in Economic Dynamics. A Comment on the “Guidance of an Enterprise economy” by Martin Shubik and Eric Smith

Résumé

Many economic theories rely on equilibrium. Notwithstanding its widespread framing role, the very notion of equilibrium shows epistemic and methodological limits when confronted with space, time, human behaviour and institutions. A systemic perspective may upgrade equilibrium by considering the featuring roles of economic organisation (entity), money and accounting in the economic process. This article tributes to Martin Shubik’s scholarship and friendship by providing a systemic perspective on his last co-authored book with Eric Smith.

Dates et versions

hal-02445909 , version 1 (20-01-2020)

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Yuri Biondi. Equilibrium and System Analysis in Economic Dynamics. A Comment on the “Guidance of an Enterprise economy” by Martin Shubik and Eric Smith. Accounting, Economics and Law: A convivium, 2019, 9 (3), ⟨10.1515/ael-2018-0027⟩. ⟨hal-02445909⟩
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