The Use and Abuse of Equilibrium Analysis: A Response to Jonathan Newman
Abstract
By Przemysław Rapka. Przemysław Rapka argues that Jonathan Newman's critique of the concept of sticky prices and monetary disequilibrium abuses the concepts of the plain state of rest and total demand analysis.
Fields of Study & Subjects
Economic Theory and Institutions
Economic and Fiscal Studies
Historical Economic and Legal Thought
Publication details
- Journal / source
- The Quarterly Journal of Austrian Economics
- Publisher
- Mises Institute
- Volume
- 28
- Issue
- 4
- Publication date
- 3 February 2026
- Language
- EN
- Document type
- Book chapter