General Equilibrium Quotes
- The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility). — George Soros
- Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models. — Robert Higgs
- Nature, who for the perfect maintenance of the laws of her general equilibrium, has sometimes need of vices and sometimes of virtues, inspires now this… — Marquis de Sade
- I’ve since come to understand that the universe operates on the same general equilibrium theory as markets.It never gives you something without making you pay… — Gayle Forman