It’s impossible to ever achieve equilibrium.  Equilibrium is a goal entrepreneurs strive to.  However, this goal is never reached.  The pseudo-economists will use a formula to achieve equilibrium.  This must be wrong—always.  This apparent perfect state is based on arbitrary value judgments.  The state of nirvana is a fantasy.  In equilibrium there wouldn’t be any action, and man would be a vegetable.

There can’t be any change in equilibrium.  History is nothing but change.  History must be destroyed.  Any change will distort equilibrium.  Basically, action will create disequilibrium and ruin perfection.  So, if you act, and every human on earth does, you are ruining perfection and can be branded as a traitor.  Acting goes against the state’s goals.  Any attempt to try and improve your situation—or even keep it the same—makes you the enemy.

States of equilibrium are used only as thought experiments.  An honest economist will use the evenly rotating economy.  This doesn’t mean that economist wants to ruin perfection.  The economist is using a thought experiment to see how things will change if everything is equal.    The evenly rotating economy is not a real situation.  It might exist in utopian novels, but is never real life.  It’s just a mental tool.

The very existence of equilibrium implies “there is no maladjustment anywhere in the economic system, and consequently no need for any action to wipe out maladjustments, no entrepreneurial activity, no entrepreneurial profits and losses.” The enemies of logic will insist there is something wrong.  However, man can never achieve perfection.  Any resort to logic will be met with name calling and claiming you want to disturb perfection.

The honest economist’s logic can’t be met with logic.  They’ll resort to statist passions.  Any claiming there’s an equilibrium to be achieved is pushing statist platitudes.  It’s an attempt to turn man into an automaton.   At best, the pseudo-economist’s formula is an analytical tool.  It’s not that though.  It’s an attempt to turn man into pawns, and how to create never-never land.  Don’t be fooled by fancy formulas and graphs.

Reference

Ludwig von Mises; Theory and History