The Use and Abuse of Equilibrium Analysis: A Response to Jonathan Newman

By Przemysław Rapka. Przemysław Rapka argues that Jonathan Newman's critique of the concept of sticky prices and monetary disequilibrium abuses the concepts of the plain state of rest and total demand analysis.

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Publication Details

Journal
The Quarterly Journal of Austrian Economics
Published
2026-02-03
DOI
https://doi.org/10.35297/001c.155758
Primary Topic
Economic Theory and Institutions
Type
article
Field-Weighted Citation Impact
0.00
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article

The Use and Abuse of Equilibrium Analysis: A Response to Jonathan Newman

Przemysław Rapka
The Quarterly Journal of Austrian Economics
Economic Theory and Institutions
article

The Use and Abuse of Equilibrium Analysis: A Response to Jonathan Newman

Przemysław Rapka
article en

Abstract

By Przemysław Rapka. Przemysław Rapka argues that Jonathan Newman's critique of the concept of sticky prices and monetary disequilibrium abuses the concepts of the plain state of rest and total demand analysis.

The Quarterly Journal of Austrian EconomicsVol. 28(4)
University of Economics in Katowice (PL)
Openalex Percentile: Top 72%
Economic Theory and Institutions
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The Use and Abuse of Equilibrium Analysis: A Response to Jonathan Newman — Przemysław Rapka · The Quarterly Journal of Austrian Economics (2026) | TGRS Research Map | TGRS