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Brazilian Journal of Political Economy

Print version ISSN 0101-3157On-line version ISSN 1809-4538

Abstract

MOREIRA, Ricardo Ramalhete. Conditional validity of the equilibrium in the General Theory of Keynes. Rev. Econ. Polit. [online]. 2009, vol.29, n.3, pp.153-172. ISSN 1809-4538.  https://doi.org/10.1590/S0101-31572009000300009.

It discusses that the equilibrium in Economics, as a method of analysis, has a conditional utility, when it is not necessary its association with ideal situations and with a constancy of structural parameters of the system. Keynes (1936) appears as an example of a good utilization of that method, for he doesn't link it with notions of social optimum or with a necessary system's structural stability.

Keywords : equilibrium; social optimum; structural change; Keynes.

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