Archive for February, 2012
scribble scribble
Posted: February 10, 2012 in Delhi, ObservationsTags: delhi, observations, scribble
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Ceteris Paribus
Posted: February 7, 2012 in ObservationsTags: academic musings, ceteris paribus, isolation, observations
One of the most often used terms in economics is Ceteris Paribus (everything else remaining the same/holding everything else constant/ everything else remaining equal). I have a fascination for this concept. Just imagine how things would be if everything else could be kept constant and we could deal with each of our problems in isolation. [...]
