Disequilibrium Theory Traditional economists rely extensively on equilibrium theory to justify the balance between supply and demand. The internal consistency (i.e., constancy of assumptions) requires a stable universe within which the assumed characteristics of reality can reach episodic conclusions. In fact, there is no equilibrium. Perhaps as in Kirzner’s view the events of economic factors move toward equilibrium, but as with von Mises’ findings, these are continuously challenged, changed and redirected. Thus, no equilibrium is ever reached.