This theory was originally put forth by economist John Maynard Keynes. Many modern economists have likened using the term "general disequilibrium" to describe the state of the markets as we most often find them. Keynes noted that markets will most often be in some form of disequilibrium - there are so many variable factors that affect financial markets today that true equilibrium is more of an idea; it is helpful for creating working models, but lacks real-world validation.
Investment dictionary. Academic. 2012.
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Disequilibrium — is a term used to describe the lack of or opposite of an equilibrium. in medicine: Disequilibrium (medicine) (DES) in cerebral palsy a syndrome described by Hagberg all lack of equilibrioception in population genetics, linkage disequilibrium… … Wikipedia
disequilibrium — dis‧e‧qui‧lib‧ri‧um [ˌdɪsekwˈlɪbriəm, ˌdɪsiː ] noun [uncountable] ECONOMICS when an economy or a particular market is not in a balanced state: • Rising prices often reflect a disequilibrium between supply and demand. * * * disequilibrium UK… … Financial and business terms
disequilibrium — index difference, disparity Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
disequilibrium — [dis΄ē΄kwi lib′rē əm] n. pl. disequilibriums or disequilibria [dis΄ē΄kwə lib′rēə] lack or destruction of equilibrium, esp. in the economy … English World dictionary
disequilibrium — A disturbance or absence of equilibrium. genetic d. a state in the genetic composition of a population which under selection may be expected to change toward an equ … Medical dictionary
disequilibrium — [[t]dɪ̱si͟ːkwɪlɪ̱briəm[/t]] N UNCOUNT: also a N Disequilibrium is a state in which things are not stable or certain, but are likely to change suddenly. [FORMAL] There may be a period of disequilibrium as family members adjust to the new baby … English dictionary
disequilibrium — noun Date: 1840 loss or lack of equilibrium … New Collegiate Dictionary
disequilibrium — /dis ee kweuh lib ree euhm, dis ee /, n. lack of equilibrium; imbalance. [1830 40; DIS 1 + EQUILIBRIUM] * * * … Universalium
disequilibrium — noun the loss of equilibrium or stability, especially due to an imbalance of forces … Wiktionary
disequilibrium — dis|e|qui|lib|ri|um [ˌdısekwıˈlıbriəm, ˌdısi: ] n [U] a lack of balance in something … Dictionary of contemporary English