Classical General Equilibrium

Famous quotes containing the words classical, general and/or equilibrium:

    Several classical sayings that one likes to repeat had quite a different meaning from the ones later times attributed to them.
    Johann Wolfgang Von Goethe (1749–1832)

    Surely one of the peculiar habits of circumstances is the way they follow, in their eternal recurrence, a single course. If an event happens once in a life, it may be depended upon to repeat later its general design.
    Ellen Glasgow (1873–1945)

    That doctrine [of peace at any price] has done more mischief than any I can well recall that have been afloat in this country. It has occasioned more wars than any of the most ruthless conquerors. It has disturbed and nearly destroyed that political equilibrium so necessary to the liberties and the welfare of the world.
    Benjamin Disraeli (1804–1881)