General Equilibrium Models

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

    Everyone confesses in the abstract that exertion which brings out all the powers of body and mind is the best thing for us all; but practically most people do all they can to get rid of it, and as a general rule nobody does much more than circumstances drive them to do.
    Harriet Beecher Stowe (1811–1896)

    There is a relation between the hours of our life and the centuries of time. As the air I breathe is drawn from the great repositories of nature, as the light on my book is yielded by a star a hundred millions of miles distant, as the poise of my body depends on the equilibrium of centrifugal and centripetal forces, so the hours should be instructed by the ages and the ages explained by the hours.
    Ralph Waldo Emerson (1803–1882)

    The greatest and truest models for all orators ... is Demosthenes. One who has not studied deeply and constantly all the great speeches of the great Athenian, is not prepared to speak in public. Only as the constant companion of Demosthenes, Burke, Fox, Canning and Webster, can we hope to become orators.
    Woodrow Wilson (1856–1924)