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

Przemysław Rapka

doi:10.35297/001c.155758

February 3, 2026SHILAP Revista de lepidopterologíaOpen Access

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

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Key Points

Main finding indicates that Newman's critique misuses the concept of sticky prices.
Key evidence shows that this critique fails to accurately reflect total demand analysis principles.
The argument employs equilibrium analysis to challenge misunderstandings of economic concepts.
This debate highlights the importance of clarity in economic theory to avoid misinterpretation.

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Implication

Rapka critiques Newman's views on sticky prices and monetary disequilibrium, suggesting misinterpretation of core concepts.

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.

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Przemysław Rapka (2026) studied this question.

synapsesocial.com/papers/69a760bfc6e9836116a2dcae https://doi.org/10.35297/001c.155758

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

Key Points

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Implication

Abstract

Discussion

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

Key Points

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Implication

Abstract

Discussion

Cite This Study

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