“Now the work of art also represents a state of final equilibrium, of accomplished order and maximum relative entropy, and there are those who resent it. But art is not meant to stop the stream of life. Within a narrow span of duration and space the work of art concentrates a view of the human condition; and sometimes it marks the steps of progression, just as a man climbing the dark stairs of a medieval tower assures himself by the changing sights glimpsed through its narrow windows that he is getting somewhere after all.” MenHumansArtSometimesStatesOrderDarkSpaceViewsStepsConditionsArt IsWindowSightMarkFinalsStreamsAccomplishedWorks Of ArtClimbingRelativeHuman ConditionTowersMaximumStairsMedievalProgressionResentEquilibriumDurationEntropy Book:Entropy and Art: An Essay on Disorder and Order Source: Entropy and Art: An Essay on Disorder and Order
“The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.” StatesPlayRolesEconomyActiveProducersConsumersEquilibriumConstituents Book:Memoirs Source: Memoirs
“As there must be moderation in other things, so there must be moderation in self-criticism. Perpetual contemplation of our own actions produces a morbid consciousness, quite unlike that normal consciousness accompanying right actions spontaneously done; and from a state of unstable equilibrium long maintained by effort, there is apt to be a fall towards stable equilibrium, in which the primitive nature reasserts itself. Retrogression rather than progression may hence result.” MayLongSelfStatesDoneActionFallResultsEffortConsciousnessProduceNormalCriticismContemplationStablePerpetualPrimitiveModerationProgressionEquilibriumUnstableMorbidRight ActionSelf Criticism Author:Herbert Spencer
“Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.” StatesShowsLevelsEconomyClearExampleParticularDemandConceptsDuesSettlingLabourUnemploymentEquilibriumMarket EconomyKeynesMarket Failure Author:Paul Ormerod