Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

Friedrich August von Hayek

Share with your Friends

Everyone likes a good quote - don't forget to share.