Equilibrium Quotes - page 9
The outstanding feature of the social pattern with which the pre-mechanized equilibrium was associated is its emphasis on small group organisation at the coal face. [Indeed], under these conditions there is no possibility of continuous supervision, in the factory sense, from any individual external to the primary work group.
Eric Trist
The advent of Atombomb into a world of varying moral standards and uncertain international friendships has made everyone aware for the first time of the awful fact that, if the world ever lost its spiritual and moral equilibrium, it was now possible completely to eliminate life itself.
Jayachamarajendra Wadiyar
As there must be moderation in other things, so there must be moderation in self-criticism. Perpetual contemplation of our own actions produces a morbid consciousness, quite unlike that normal consciousness accompanying right actions spontaneously done; and from a state of unstable equilibrium long maintained by effort, there is apt to be a fall towards stable equilibrium, in which the primitive nature reasserts itself. Retrogression rather than progression may hence result.
Herbert Spencer
It cannot but happen that those individuals whose functions are most out of equilibrium with the modified aggregate of external forces, will be those to die; and that those will survive whose functions happen to be most nearly in equilibrium with the modified aggregate of external forces.
But this survival of the fittest, implies multiplication of the fittest.
Herbert Spencer
The equilibrium price level is determined at the point where the money market is in equilibrium. The temporary suspension of Walras' Law, far from making economic nonsense, thus appears as the crucial "trick" by which the tatonnement process is decomposed in two parts.
This analysis confirms that for a neoclassical general equilibrium system with neutral money there is indeed a consistent decomposition procedure, based on appropriate compensation principles, permitting the determination of real variables in the real sector while the price level is determined in the monetary sector. However, the amount of intellectual effort which, in the wake of Lange and Patinkin, was devoted to this issue, is entirely out of proportion to its economic significance. The real economic question is not whether a system can be dichotomized, but whether money is neutral.
Jürg Niehans
But you must not change one thing, one pebble, one grain of sand, until you know what good and evil will follow on that act. The world is in balance, in Equilibrium. A wizard's power of Changing and Summoning can shake the balance of the world. It is dangerous, that power...It must follow knowledge, and serve need.
Ursula K. Le Guin
Evolutionary game theory is one of the most active and rapidly growing areas of research in economics. Unlike traditional game theory models, which assume that all players are fully rational and have complete knowledge of details of the game, evolutionary models assume that people choose their strategies through a trial-and-error learning process in which they gradually discover that some strategies work better than others. In games that are repeated many times, low-payoff strategies tend to be weeded out, and an equilibrium may emerge.
Larry Samuelson
Investment of capital, to yield its fruit in the future, must be based on expectations, of opportunities in the future. When I put this to Hayek, he told me that this was indeed the direction in which he had been thinking. Hayek gave me a copy of a paper on 'intertemporal equilibrium', which he had written some years before his arrival in London; the conditions for a perfect foresight equilibrium were there set out in a very sophisticated manner.
John Hicks
In the future equilibrium of spirit and matter a clear vision may be obtained. But now only fragments are to be seen. That is why the ancients guarded this natural telescope so cautiously. The most powerful telescopes were women, and the first requisite for their protection was quietude.
Helena Roerich
Swing is extreme coordination. It's a maintaining balance, equilibrium. It's about executing very difficult rhythms with a panache and a feeling in the context of very strict time. So, everything about the swing is about some guideline and some grid and the elegant way that you negotiate your way through that grid.
Wynton Marsalis
Sokolov put the odds at 100 percent that Peter would, sooner or later, do something stupid and cause enormous trouble. Peter would do this because he believed he was clever and because he thought only of himself. It would be safer to take him out and shoot him now, but disposing of the body would be difficult and the shock of it would probably disturb the equilibrium of Zula.
Neal Stephenson
Rightly or wrongly, football is very definitely tied up with the status of a university. The majority of people who go to college...they don't get that wider horizon or that better mental equilibrium. But they do get the opportunity. I think the same thing is true about football. While possibly the majority of boys don't get those subjective values that I mentioned, certainly the opportunity is there, and I think the values they do get are perhaps more intensely brought out than they are in an educational system itself. As far as any activities I have been connected with are concerned, football has given me the opportunity to round out my philosophy and to change my thinking process more than any other activity with which I have been connected.
Nile Kinnick
