Quotes Museum
Browse by Author's Name
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Quotation:

Friedrich August von Hayek


Type:
Economist Quotes
Find on Amazon:
Friedrich August von Hayek

    "We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."

Rating:
  rate this quote
Topic: none  help us select a topic for this quote

More quotes from: Friedrich August von Hayek