"In essence there is an immanent, more or less disguised, fiction at the heart of mathematical equilibrium theories: that is, *they bind together in simultaneous equations, non-simultaneous magnitudes operative in genetic causal sequence as if these existed together at the same time.* A state of affairs is *synchronized* in the ‘static’ approach, whereas in reality we are dealing with a *process*. But one simply cannot consider a *generative process* ‘statically’ as a *state of rest*, without eliminating precisely that which makes it what it is." - Hans Mayer, "Cognitive Value of Functional Theories of Price: Critical and Positive Investigations Concerning the Price Problem", ***Chapter XVI of Classics in Austrian Economics: A Sampling in the History of a Tradition***, Israel M. Kirzner (ed.), London: William Pickering, 1994, vol. II, p. 92.

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