Human interactions, stimulated as they are by disequilibrium, never achieve balance. In even the most favorable transaction, one party whether he realizes it or not must always come out the worse.
From the equilibrium and spontaneous order of Adam Smith and his heirs, from invisible-handed markets and perfect competition, supply and demand, and rewards and punishments, I was pushed to theories of disequilibrium and disorder, and information and noise, as the keys to understanding economic progress.
When someone with the authority of a teacher describes the world and you’re not in it, there’s a moment of psychic disequilibrium, as if you looked into a mirror and saw nothing.
Man is the only animal who does not feel at home in nature, who can feel evicted from paradise, the only animal for whom his own existence is a problem that he has to solve and from which he cannot escape. He cannot go back to the prehuman state of harmony with nature, and he does not know where he will arrive if he goes forward. Man's existential contradiction results in a state of constant disequilibrium. This disequilibrium distinguishes him from the animal, which lives, as it were, in harmony with nature.
When someone with the authority of a teacher, say, describes the world and you are not in it, there is a moment of psychic disequilibrium, as if you looked into a mirror and saw nothing. Yet you know you exist and others like you, that this is a game with mirrors. It takes some strength of soul--and not just individual strength, but collective understanding--to resist this void, this nonbeing, into which are thrust, and to stand up, demanding to be seen and heard.
Nothing exists except by virtue of a disequilibrium, an injustice. All existence is a theft paid for by other existences; no life flowers except on a cemetery.
Man is the only animal for whom his own existence is a problem which he has to solve.
A great artist... must be shaken by the naked truths that will not be comforted. This divine discontent, this disequilibrium, this state of inner tension is the source of artistic energy.
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
The catch word is equilibrium again, informed the field what are conventional weapons or nuclear weapons of different qualities. You cannot make up for a actual or perceived disequilibrium in the conventional field by having more nuclear weapons.
The far object of a training system is to prepare the combat officer mentally so that he can cope with the unusual and unexpected as if it were the altogether normal and give him poise in a situation where all else is in disequilibrium.
The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.
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