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Because of the existence of uncertainty that the future is unknown and unknowable so that economic agents?f expectations can be easily frustrated. Market forces cannot account for the unknowability and unpredictability of the future and so can only disseminate incomplete, even misleading, information...
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Market forces cannot account for the unknowability and unpredictability of the future and so can only disseminate incomplete, even misleading, information. As the future unfolds and become the present Joan Robinson suggests that, continues adjustment must be made. This process proceeds indefinitely without equilibrium ever being achieved, let alone maintained...
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