Done Quote by Robert Higgs

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…

— Gayle Forman

The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a skill which…

— Kenneth E. Boulding

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

What's the most popular pastime in America? Autoeroticism, hands down.

— Scott Roeben

“But Dante enjoyed kissing. And I suspected he liked masturbating too. I thought masturbating was embarrassing. I didn’t even know why. It just was.…

— Anonymous

“And I suspected he liked masturbating too. I thought masturbating was embarrassing. I didn’t even know why. It just was. It was like having…

— Anonymous

“The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost…

— Michael Lewis

“ONE OF THE main differences between standard and behavioral economics involves this concept of “free lunches.” According to the assumptions of standard economics, all…

— Dan Ariely

For Marx, 'pure' economic theory, that is economic theory which abstracts from a specific social structure, is impossible.

— Ernest Mandel

Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism about even…

— Mariana Mazzucato

The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairness, malevolence,…

— Herman E. Daly

It is thus hardly surprising that so many of the great minds in recent history have concerned themselves with economic matters. Indeed, they have…

— Paul Zane Pilzer