Deutsche Gesellschaft
für phänomenologische Forschung

Buch | Kapitel

202361

Equilibrium relations

Željko Rohatinski

pp. 97-113

Abstrakt

Rohatinski completes his review of relations by presenting equilibrium relations. He shows how, in normal economic reproduction over the flow of events and processes, equilibrium relations represent the links that serve to harmonise value and purpose, as well as how partial equilibriums are necessary to ensure the overall equilibrium of the system. The author concludes by discussing how equilibrium relations comprise the framework for causal and structural relations and arguing that they are essential in providing linkages among all economic categories within a system and regulating the functioning of the system.

Publication details

Published in:

Rohatinski Željko (2017) Time and economics: the concept of functional time. Basingstoke, Palgrave Macmillan.

Seiten: 97-113

DOI: 10.1007/978-3-319-61705-3_9

Referenz:

Rohatinski Željko (2017) Equilibrium relations, In: Time and economics, Basingstoke, Palgrave Macmillan, 97–113.