Equilibrium Illusion: E... | Economic Complexity And

Ping Chen's Economic Complexity and Equilibrium Illusion challenges neoclassical economic theory by proposing that market instability stems from deterministic chaos and structural, evolutionary dynamics rather than random, self-correcting forces. The book introduces a "meso-foundation" to analyze business cycles, aiming to guide researchers beyond traditional rational expectation models. For more details, visit Routledge . Economic Complexity and Equilibrium Illusion