Richard Murphy says:
October 7 2022 at 10:09 am
I have never believed in equilibrium
I do not think it ever achievable because given the nature of the human being we can always do better
Economics ignored that human capacity
If there is no stable state to be reached then planning becomes very difficult indeed.
Possibly this is why neoliberals urge the use of markets – the way of dealing with change and the absence of an equlibrium. But that would require knowing both some economics and also what neoliberals belive.