The 2-Minute Rule for is Paribus Legit

Paribus Complaints OptionsEnter ceteris paribus. Mainstream economists build abstract types wherever they pretend all variables are held continual, apart from the 1 they would like to exam. This kind of pretending, known as ceteris paribus, may be the crux of general equilibrium concept. As economist Milton Friedman wrote in 1953, "Idea would be to

read more