Talk: General equilibrium

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In this view, static equilbrium is totally unsuited for modelling real economies, apart perhaps from traditional societies which have remained stable for centuries.

By "traditional" are we talking the time of Adam Smith, or Ancient Greece, or what? I'm curious what might be considered a successful application of static equilibrium analysis to a traditional society. If there are no alleged successes along these lines, perhaps even this claim about static equilibrium analysis is too optimistic, and should be toned down. --Ryguasu