Listen to native speakers pronounce “equilibrium” in real conversational contexts with synchronized timestamps and subtitles.
I mean, it's less tiring, for sure.Equilibrium. The equilibrium of all right, I'm centered.
Wages came down too.Equilibrium was restored at lower levels of activity.And because things were cheap, profit-seeking individuals sought opportunities.
But we use scientific principles.Equilibrium. This was invented or discovered about 1750 in France.French scientists decided, well, OK, I don't have balloons, but I have pig bladders.
Why da, da, da?in equilibrium on this pole.
Today we've already warmed the earth on average by 0.8 degrees centigrade.In equilibrium, which is really what this is showing, it will be higher than today's value.And of course we haven't stopped adding CO2 into the atmosphere in the meantime.
look, just as a matter of fact, there are a lot of randomized trials done on government funding projects. So, I mean it is, just in terms of looking at the way the world doesthe equilibrium is what it is. And the situation right now is very simple. $300 can save a child's life. Right? And so the fact that there's a billion people out there that could
will not, without-without the expectation of equilibrium people will not bring goods to market.So equilibrium depends on equity, on justice. It's a purely practical matter. Never mind the moral arguments; as a purely practical matter you've got to have some degree of equityin the economy. And I would argue that equity and equilibrium are almost the same words and practically
game or setting up some norms you know today I'm going to give you our own rendition of this which has muchmore with influencing general equilibrium variables so being large in that sense okay the political scientiststhemselves complain that this is a topic that within their field has remained very informal and chit cchaty and
think of relational power like purely micro think of the firm the firm is taking asgiven the equilibrium aggregates and it's simply checking what is the maximumcost of private actions is willing to comply with before is better off at the outside option. So we're going to define
as kind of, they have a shop.terms like equilibrium. So the idea being that if you looked at a market, a market would reach equilibrium when everybody has bought
And I think the interview is not like, here's the character and here's you.It's an equilibrium. And you're giving.They're giving you. You are doing an exchange.
Anyone? Anything come to mind immediately?To find an equilibrium between two forces.To find an equilibrium between two forces.
To find an equilibrium between two forces.To find an equilibrium between two forces.Brilliant. Balance, in other words.
We can move into China.This sort of an equilibrium state.
they had essentially, through this kind of iterative approach, found a situation or a set of strategies which are such a good approximationto the equilibrium that it wouldn't expect to lose money over a kind of human lifespan.So they hadn't found this exact solution like we can write down for rock-paper-scissors, but they found one which was such a good approximation
But it does have the limitation that you're assuming that your opponent is perfect.If you design an equilibrium strategy, you're assuming you're facing the optimal potential opponent.And that makes it quite defensive, because essentially you might be facing someone with flaws.
The fundamental theorem of welfare economics, which you can find in micro theory textbooks, is a mathematical theorem that describesa competitive equilibrium. You assume that each individual is completely selfish, only interested in himself or herself,and this person maximizes utilities subject to a budget constraint.
That whirlpool is actually a very simple form of physical order that is emerging in the steady state of a dynamical system thatis out of equilibrium.Why? Because in this whirlpool, if you think about it, if you know the velocity of a particle, you very much know the velocity of the particles
I assume all of you guys have worked in teams in your life.It's an equilibrium theory in which, on the one hand, when you have a company, you always have to decide whether you're going to buy
It is the equilibrium of a multiparty democracy.
And you start approaching equilibrium.
out of thermodynamic equilibrium profoundly by many, many, many orders of magnitude.
It's a stable equilibrium point. If you put something there, it's going to stay there.
balance and so losing equilibrium. 'Jump over them,' was his answer. 'A good strong push downwards on my guiding pole has sent me flying over many a tree, in which I had thought I
It needs some non-economic help.Now by equilibrium I mean that rough balance between supply and demand without which peoplewill not, without-without the expectation of equilibrium people will not bring goods to market.
going to be an equilibrium another one of these beliefs is that everybody wants to live here I mean hey it's California is the weather
of the world. The rest of the world has for the firms that don't get bullied the profits forthe firms that get bullied because in equilibrium they're going to accept the contract is the value of the outsideoption or is the value of the inside option minus the transfers since the constraints will always bind is really the value of the outside option and then
And now we're in this terrible equilibrium where there's just an enormous number of papers, way too many for any individual to process in any reasonable amount of time.
creatures can coexist in indefinitely in equilibrium. And that brings us to this
If something provokes the system to leave equilibrium, it's able to return to its initial condition,
Your body is going towards this equilibrium, this homeostasis.
And so it's in equilibrium here, so it's going to fall off every once in a while.
Are we landing on sort of an equilibrium price?
So we are getting into equilibrium where it's even.
And that makes it quite defensive, because essentially you might be facing someone with flaws.And if you're following the equilibrium strategy, you're essentially deciding that you're trying to minimize your losses.You're trying to make sure that, no matter who you're facing, you're not going to lose money over time.
would stick with the same one on the second go.If you move away from this equilibrium strategy to try to exploit an opponent.
would stick with the same one on the second go.But the definition of an equilibrium is on unilateral behavior.
You would come to thermal equilibrium.
There rate of interest should be in equilibrium, more or less the same, as the rate of profit.
that almost forces people to play the tricks that we don't like, and it's called competitive pressures.So the theory of competitive equilibrium is sometimes connected to Darwin's theory of evolution, constant pressure on businesses to make profits,and that means then that they will be very efficient, because they will be struggling hard to succeed.
You can redistribute income, you can take from one to another, and that will make one better off and the other worse off,but there is no way in equilibrium to make everyone better off.Moreover, this became accepted by economics departments who then thought, well, redistribution is not our department.
And what he realized is that the systems that were out of equilibrium satisfied a different objective function.The systems that are in equilibrium maximize entropy.The systems that are out of equilibrium, Prigogine showed in a very particular example, they minimize the rate of entropy production.
The systems that are in equilibrium maximize entropy.The systems that are out of equilibrium, Prigogine showed in a very particular example, they minimize the rate of entropy production.What does that mean?
The first one is that you need to spend some energy.You cannot get information in an equilibrium system.It has to get out of equilibrium system because information, order are not free.
You cannot get information in an equilibrium system.It has to get out of equilibrium system because information, order are not free.The second thing is that you need to have ways of saving that information.
and then stops growing and maintains equilibrium and health, so too should our economy grow to a certain level and then not have
Well, of course, what happened was water is 100% water, alcohol is 50% water, so some of the water from outside wentthrough the membrane to create equilibrium.That's called osmosis. Diffusion.
Not to perturb the delicate equilibrium of the system.
So there is not an equilibrium it is a non, we never reach equilibrium, we've never reached equilibrium there's a constant process of dynamic change.
If we're talking about equilibrium I haven't found anything to be particularly effective for general balance.
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