Degrees Quote by Kenneth E. Boulding

Equilibrium is a figment of the human imagination.

— Kenneth E. Boulding

A system is in equilibrium when the forces constituting it are arranged in such a way as to compensate each other, like the two…

— Rudolf Arnheim

“It should be clearly understood that this term “equilibrium” does not mean a static halt to action, although it conceivably could be this. More…

— J.C. Wylie

An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock…

— Joan Robinson

We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know…

— Friedrich August von Hayek

“Economic theory is devoted to the study of equilibrium positions. The concept of equilibrium is very useful. It allows us to focus on the…

— George Soros

To know what one can have and to do with it, being prepared for no more, is the basis of equilibrium.

— Pearl S. Buck

“In the opening chapter Piaget describes equilibrium as “…a process leading from certain states of near equilibrium to others, qualitatively different, through multiple disequilibria…

— Ulrich Müller

Now equilibrium is the very opposite of disorder.

— Rudolf Arnheim

We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of…

— Paul Ormerod

Living systems are never in equilibrium. They are inherently unstable. They may seem stable, but they’re not. Everything is moving and changing. In a…

— Michael Crichton

If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to…

— Nassim Nicholas Taleb