Amount Quote by William Stanley Jevons

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

The equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.

— David Harvey

[The notion of equilibrium] is a notion which can be employed usefully in varying degrees of looseness. It is an absolutely indispensable part of…

— Kenneth E. Boulding

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

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

— Pearl S. Buck

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

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

— David Ricardo

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of…

— David Ricardo

The exchangeable value of all commodities rises as the difficulties of their production increase.

— David Ricardo

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 is a mere futile process to exchange one set of commodities for another, if the parties; after this new distribution of goods has…

— Thomas Malthus