General Equilibrium Models

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

    The general feeling was, and for a long time remained, that one had several children in order to keep just a few. As late as the seventeenth century . . . people could not allow themselves to become too attached to something that was regarded as a probable loss. This is the reason for certain remarks which shock our present-day sensibility, such as Montaigne’s observation, “I have lost two or three children in their infancy, not without regret, but without great sorrow.”
    Philippe Ariés (20th century)

    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)

    The parents who wish to lead a quiet life I would say: Tell your children that they are very naughty—much naughtier than most children; point to the young people of some acquaintances as models of perfection, and impress your own children with a deep sense of their own inferiority. You carry so many more guns than they do that they cannot fight you. This is called moral influence and it will enable you to bounce them as much as you please.
    Samuel Butler (1835–1902)