How markets interact ot reach an overall equilibrium?
When all markets are put together, does the invisible hand guide them to efficiency?
What are the failures that sometimes occur in market economies leading to business cycles, monopolies?
Answers to these are explored this topic.
Originally posted at
http://knol.google.com/k/narayana-rao/markets-and-economic-efficiency/2utb2lsm2k7a/238
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