(1) Unfortunately, there is no price-adjustment interpretation of the disequilibrium prices along the homotopy path.

(2) Any disequilibrium or economic crisis that occurs is the result of constraints imposed on the market from outside.

(3) But one thing can be said with certainty: the longer the world economy continues on the present path, the greater will be the underlying disequilibrium and the possibility of a major financial crisis.

(4) The origins of this disequilibrium are to be found in economic processes going back more than a decade.

(5) In both economies and markets, instability and disequilibrium are normal; stability and equilibrium are not.

(6) In contrast to equilibrium theories, disequilibrium theories suggest that income differences among regions are likely to persist and even widen over time.

(7) If you pick up any elementary text, if the market is in disequilibrium , the reflex reaction is that when demand is in excess, prices will rise and that will eliminate the excess demand.

(8) For that purpose, the balance sheet approach seemed preferable, if not ideal, because balance sheet relationships hold even in disequilibrium .

(9) They can obtain resources to finance cyclical downturns and balance-of-payments disequilibria , thus allowing them to smooth out consumption.

(10) His focus was on systemic price stability, recognizing that cumulative processes would move an economy into a precarious state of disequilibria if market rates were held artificially low over an extended period.

(11) But the repudiation of a dollar devaluation policy was subsequently pushed to an opposite extreme, thereby fostering a new set of disequilibria .

(12) On the contrary, the maintenance of the strong dollar policy fostered a new set of disequilibria .

(13) A temporarily high price also serves the function of signaling other entrepreneurs and capitalists about market disequilibria .

(14) Financial flow imbalances, if allowed to persist, lead to stock disequilibria on balance sheets.

(15) However, when markets become essentially speculative, they drive prices toward severe disequilibria .