The first is labor market clearing theory which was. represented by classical economics and neoclassical economics general equilibrium theory.

第一种是劳动市场出清说，以古典经济学和新古典经济学一般均衡理论为代表。

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Abstract: the general equilibrium theory is not the patent of western economics.

内容摘要：一般均衡理论并不是西方经济学的专利。

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General equilibrium theory is the most important part of modem economics and analysis method, and solving the general equilibrium is the foundation of economic analysis.

一般均衡理论是现代经济学最为重要的组成部分和分析方法，而一般均衡的计算则是进行经济分析的前提和基础。

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The Fed is evading commonsense and sound economics by relying on fancy stochastic dynamic general equilibrium models, in which erratic money plays no role, and ignoring the fact that the real source of consumption is production, not money.

FORBES: Ben Bernanke's QE4: Another Step Toward Helicopter Money, And Away From Freedom