Login | Register Share:
  Guess quote | Authors | Isles | Contacts

Kenneth Arrow quoteKenneth Arrow [1921-0] American Economist
Quote rank: 104



The major driver of economics is the equilibrium approach, which has taken various forms over the years. General equilibrium is the statement that all the different parts of the economy influence each other, even if it's remote, like mortgage-backed securities and their demands on automobiles.

Source

The script ran 0.004 seconds.