RE: Man Uses $1m Win To Finally Visit Doctor, Gets Terminal Cancer Diagnosis, Dies
February 5, 2018 at 10:41 pm
(This post was last modified: February 5, 2018 at 10:49 pm by LadyForCamus.)
(February 5, 2018 at 6:10 pm)alpha male Wrote:(February 5, 2018 at 5:41 pm)LadyForCamus Wrote: Well, Alpha’s entire argument rests precipitously on, ‘all other factors equal’, but we all know that that, ofc., is not the case.
Yet, it's an accepted method of analyzing economic questions:
https://en.wikipedia.org/wiki/Ceteris_pa...rpretation
Quote:Ceteris paribus or caeteris paribus is a Latin phrase meaning "other things equal". English translations of the phrase include "all other things being equal" or "other things held constant" or "all else unchanged".
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A ceteris paribus assumption is often key to scientific inquiry, as scientists seek to screen out factors that perturb a relation of interest.
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One of the disciplines in which ceteris paribus clauses are most widely used is economics, in which they are employed to simplify the formulation and description of economic outcomes.
Yes, I’m aware of the concept of controlling variables when attempting to identity true cause and effect in research. You’re actually underlining my point by acknowledging that there are, ofc, numerous and complexly interconnected variables effecting any given person’s financial and social status. Hypothetically controlling for every other factor in order to falsely inflate the impact of a single chosen one, wouldn’t be an accurate picture of reality, now would it? Then again, no narrative that the far right peddles ever is.
Nay_Sayer: “Nothing is impossible if you dream big enough, or in this case, nothing is impossible if you use a barrel of KY Jelly and a miniature horse.”
Wiser words were never spoken.
Wiser words were never spoken.