Kenneth Arrow quote

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.
Kenneth Arrow

Links

Cite this page: Citation
Collected Papers of Kenneth J. Arrow, Volume 4: The Economics of Information (Collected Papers of Kenneth J. Arrow, Volume Four)
Collected Papers of Kenneth J. Arrow, Volume 4: The Economics of Information (Collected Papers of Kenneth J. Arrow, Volume Four)
on Amazon
Buy now

Quotes To Explore

More quotes?

Try another of these similiar topics.