There are so many theories. Many of them are interrelated therefore do not necessarily make sense when looked at in isolation. The basic idea behind general equilibrium is that there are ripple effects from our actions. So many things are indirectly connected that we can get surprising outcomes.
There are so many theories. Many of them are interrelated therefore do not necessarily make sense when looked at in isolation. The basic idea behind general equilibrium is that there are ripple effects from our actions. So many things are indirectly connected that we can get surprising outcomes.