The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).


The Alchemy of Finance: Reading the Mind of the Market (ed. 1994)

George Soros Quotes

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).