The new information technologies can be seen to drive societies toward increasingly dynamic high-energy regions further and further from thermodynamical equilibrium, characterized by decreasing specific entropy and increasingly dense free-energy flows, accessed and processed by more and more complex social, economic, and political structures.
One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have been developed by economists. One is the method of partial equilibrium analysis (or microeconomics), generally associated with the name of Alfred Marshall and the other is the method of aggregation (or macro-economics), associated with the name of John Maynard Keynes.kenneth boulding
In this crucial sense, the theory of punctuated equilibrium adopts a very conservative position. The theory asserts no novel claim about modes or mechanisms of speciation; punctuated equilibrium merely takes a standard microevolutionary model and elucidates its expected expression when properly scaled into geological time.stephen jay gould
The market is sovereign and in the magic economy of the small entrepreneur there is no authoritarian center… in the political sphere… the equilibrium of powers prevails, and hence there is no chance of despotism.c. wright mills
All plays are about decay? That is why the theater has always been essential to human psychic equilibrium.
Vertical and horizontal lines are the expression of two opposing forces; they exist everywhere and dominate everything; their reciprocal action constitutes ‘life’. I recognized that the equilibrium of any particular aspect of nature rests on the equivalence of its opposites.Piet Mondrian
We need to recognise that the entire information sector—from music to newspapers to telecoms to internet to semiconductors and anything in-between—has become subject to a gigantic market failure in slow motion. A market failure exists when market prices cannot reach a self-sustaining equilibrium. The market failure of the entire information sector is one of the fundamental trends of our time, with far-reaching long-term effects, and it is happening right in front of our eyes.
Wilderness to the people of America is a spiritual necessity, an antidote to the high pressure of modern life, a means of regaining serenity and equilibrium.sigurd olson
The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and companies all operate in a world in which there is no future and hence no uncertainty.paul ormerod
Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.paul ormerod
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
The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.pierre trudeau
The players in a game are said to be in strategic equilibrium (or simply equilibrium) when their play is mutually optimal : when the actions and plans of each player are rational in the given strategic environment – i.e., when each knows the actions and plans of the others.robert aumann
Finally, the claim that we equated punctuated equilibrium with saltation makes no sense within the logical structure of our theory so, unless we are fools, how could we ever have asserted such a proposition? Our theory holds, as a defining statement, that ordinary allopatric speciation, unfolding gradually at microevolutionary scales, translates to punctuation in geological time.stephen jay gould
The equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.david harvey
Good and evil grow up together and are bound in an equilibrium that cannot be sundered. The most we can do is try to tilt the equilibrium toward the good.Eric Hoffer
For John Howard to get to any high moral ground he would have to first climb out of the volcanic hole he's dug for himself over the last decade. You know, it's like one of those deep diamond mined holes in South Africa, you know, they're about a mile underground. He'd have to come a mile up to get to even equilibrium, let alone have any contest in morality with Kevin Rudd.paul keating
The equilibrium model describes systems which, in moving to an equilibrium point, typically lose organization, and then tend to hold that minimum level within relatively narrow conditions of disturbance.
In Deutsch 's view, to say that a social system is in equilibrium implies that: 1) it will return to a particular state when disturbed; 2) the disturbance is coming from outside the system; 3) the greater the disturbance the greater the force with which the system will return to its original state; 4) the speed of the system's reaction to disturbance is somehow less relevant a sort of friction, or blemish having no place in the "ideal" equilibrium; 5) no catastrophe can happen within the system.
The equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.
To dispose a soul to action we must upset its equilibrium.
Good and evil grow up together and are bound in an equilibrium that cannot be sundered. The most we can do is try to tilt the equilibrium toward the good.
A more viable model, one much more faithful to the kind of system that society is more and more recognized to be, is in process of developing out of, or is in keeping with, the modern systems perspective (which we use loosely here to refer to general systems research, cybernetics, information and communication theory, and related fields). Society, or the sociocultural system, is not, then, principally an equilibrium system or a homeostatic system, but what we shall simply refer to as a complex adaptive system.
Nothing relinquished is lost; everthing finds its true balance, its equilibrium in God...
He (the American Indian) believes profoundly in silence – the sign of a perfect equilibrium. Silence is the absolute poise or balance of the body, mind and spirit...
In her world , the high and the low, the light and the dark, the eternal and the ephemeral, are balanced in perfect equilibrium ...
equilibrium is a figment of the human imagination.kenneth boulding
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