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Market Equilibrium Quotes

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Perfect competition’ is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand.  (Market Equilibrium Quotes) We learned to build our emotional muscles, helping us make it through major market falls and grind through the trying times without losing our equilibrium.  (Market Equilibrium Quotes) I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium  (Market Equilibrium Quotes) We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium  (Market Equilibrium Quotes)