Economics Dictionary of ArgumentsHome
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| Evenly Rotating Economy - Economics Dictionary of Arguments | |||
| Evenly rotating economy: An evenly rotating economy in economics is a hypothetical concept where all variables, such as prices, wages, and output, remain constant over time. There is no uncertainty, innovation, or change in the market. This idealized model is used to simplify analysis by assuming a static economic environment, often to contrast with real-world dynamic economies. See also Fictions, As if, Measurements, Economy._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Mises, Ludwig von | Evenly Rotating Economy | Mises, Ludwig, von | |
| Rothbard, Murray N. | Evenly Rotating Economy | Rothbard, Murray N. | |
| Schumpeter, Joseph A. | Evenly Rotating Economy | Schumpeter, Joseph A. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-04-28 | |||
