Ceteris Paribus Quotes

...But that is a method for cowards; the brave man goes out into the hall, comes back with a stick, and says firmly, "You have just deliberately and cruelly exposed my ignorance before this company; I shall, therefore, beat you soundly with this stick in the presence of them all." This you then do to him or he to you, mutatis mutandis, ceteris paribus; and that is all I have to say on Ignorance.

It is natural that the appearance of pollution should have taken by surprise an economic science which has delighted in playing around with all kinds of mechanistic models. Curiously, even after the event economics gives no signs of acknowledging the role of natural resources in the economic process. Economists still do not seem to realize that, since the product of the economic process is waste, waste is an inevitable result of that process and ceteris paribus increases in greater proportion than the intensity of economic activity.

Let us merely discuss the question, what consequences would necessarily follow if, ceteris paribus, with an increasing quantity of money, prices were restricted to the old level by official compulsion? An increase in the quantity of money leads to the appearance in the market of new desire to purchase, which had previously not existed; 'new purchasing power', it is usual to say, has been created. If the new would-be purchasers compete with those that are already in the market, then, so long as it is not permissible to raise prices, only part of the total purchasing power can be exercised.

We have already examined one of the objections that have been brought against the Quantity Theory; the objection that it only holds good ceteris paribus. No more tenable as an objection against the determinateness of our conclusions is reference to the possibility that an additional quantity of money may be hoarded. This argument has played a prominent role in the history of monetary theory; it was one of the sharpest weapons in the armoury of the opponents of the Quantity Theory. Among the arguments of the opponents of the Currency Theory it immediately follows the proposition relating to the elasticity of cash-economizing methods of payment, to which it also bears a close relation as far as its content is concerned.

Humphrey Well, Prime Minister … one hesitates to say this but there are times when circumstances conspire to create an inauspicious concatenation of events that necessitate a metamorphosis, as it were, of the situation such that what happened in the first instance to be of primary import fraught with hazard and menace can be relegated to a secondary or indeed tertiary position while a new and hitherto unforeseen or unappreciated element can and indeed should be introduced to support and supersede those prior concerns not by confronting them but by subordinating them to the over-arching imperatives and increased urgency of the previously unrealised predicament which may in fact now, ceteris paribus, only be susceptible to radical and remedial action such that you might feel forced to consider the currently intractable position in which you find yourself. Jim is nonplussed. Jim What does he mean, Bernard? Bernard I, um – I, er, think that he’s perhaps suggesting the possibility that you, um, consider your position. Resign, in fact, Prime Minister.

ceteris paribus,

Now then, looking at this, and speaking as one optimist to another, do you think he could have cracked his own skull by being over-enthusiastic in staging an accident?” The doctor took the “cosh” with an amused smile. “Want me to try it out on myself? Speaking as one fool to another, which is what you were thinking of saying, I should say not. More in your line than mine, this. Oh, I see. Rubber loops. Quite a nice rebound. Of course, you could hit yourself, if you were a fakir or a contortionist. Try it on yourself, laddie. I’m here to attend to the lesions. You won’t get pneumonia, otherwise, ceteris paribus... Come along, put some spunk into it! Scotland for ever. I’ve met your scrum half, and he wasn’t half so careful of himself as you’re being.” “Deuce take it,” said Macdonald, “if I really try to hit the back of my own head—so,” and he bent his long head well forward, “I can’t regulate the blow. I don’t want to be laid out just now—but there is a possibility.” The surgeon had succumbed to mirth. He laughed till he shook. “Pity there isn’t a movie merchant at hand,” he spluttered. “Nothing Charlie Chaplin ever did is so funny as the sight of a Scots detective trying to hit the base of his own skull with a loaded rubber cosh. Man, ye’re a grand sicht!

ceteris paribus,

A WORLD OF SLOWER GROWTH AND HIGHER INFLATION If triple-digit oil prices are the true culprit behind the recent recession, what happens if oil prices recover to triple-digit levels or even close to them when the economy recovers? Does the economy slip right back into recession again? Everything else being equal—or ceteris paribus, as they say in the economics textbooks—that’s probably as good a forecast as any. Every oil shock has produced a global recession, and the record price increase of the past few years may produce the biggest one of all. But recessions, no matter how severe, are finite events. Ultimately, we face a far more challenging economic verdict from oil. Any way you cut it, a return to triple-digit oil prices means a much slower-growing world economy than before. And not just for a couple of quarters of recession. That’s because virtually every dollar of world GDP requires energy to produce. Not all of that energy, of course, comes from oil, but far too much does for world GDP not to be affected by oil’s growing scarcity. And there is nothing at the end of the day that we can do about depletion. Big tax cuts and big spending increases can mitigate triple-digit oil’s bite, but the deficits they inevitably produce ultimately lead to tax hikes and spending cuts that just make the suffering all the more painful down the road. Taking out a loan to pay your mortgage might defer your problems for a month or so, but in the end, it often makes your difficulties more acute. Borrowing from the future just turns today’s problems into tomorrow’s, and by the time tomorrow comes, they’ve become a lot bigger than if we had dealt with them today. Trillion-dollar-plus deficits, just like a near-zero percent federal funds rate, can mask the impact of high energy prices for a while, but ultimately they can’t protect economies that still run on oil from the impact of higher energy prices and the toll that they take.

It is important to note that women are not singularly attracted to men with resources; rather, they can be equally attracted to men who have yet to achieve status but are on a trajectory of social ascendancy. Accordingly, cues of intelligence, ambition, drive, and focus can be equally intoxicating to women. Unique talents that are socially valued, including those possessed by successful artists, singers, athletes, and actors, are typically desired by women. Ceteris paribus, professors, politicians, business executives, lawyers, and surgeons make for attractive long-term male partners. This point demonstrates that Darwinian principles are not deterministic.

Cuando las personas se sienten muy inseguras, arremeten contra los vulnerables y los culpan de sus problemas convirtiéndolos en chivos expiatorios. Ahora podemos añadir a todo lo anterior que la tendencia de esas personas a proyectar su asco hacia fuera probablemente crecerá en la medida en que su propia sensación de vulnerabilidad física y de mortalidad aumente. El asco siempre es especifico y se combina con pensamientos de temores muy definidos, pero saber que el asco tiene que ver con el miedo y que está impulsado por una constelación de temores concretos hace que sea plausible suponer que la necesidad de que exista un grupo destinatario de ese asco y la intensidad de la estigmatización por el asco proyectado sobre ese grupo se incrementarán, ceteris paribus, en épocas de inseguridad general. Ser conscientes de ellos debería movernos a redoblar los esfuerzos dedicados a escrutar los prejuicios y sesgos ocultos (y no tan ocultos) presentes en nuestra política.

It follows straightforwardly from Moore that goodness is increased, ceteris paribus, by an increase in the amount of beauty. Keynes acted on this belief both as a philanthropist, builder of the Cambridge Arts theatre, and by accepting the job of first chairman of the Arts Council.

Suffering, which fell to one’s lot in the course of nature, by chance or by fate, did not, ceteris paribus, seem so painful when imposed by the arbitrary will of strangers; it was the wounds inflicted by those closest to one that drew blood.

Everyone has the Capacity to Succeed…Ceteris Paribus!

Hamilton puzzled over the apparently altruistic self-sacrifice of worker bees in forsaking the opportunity to breed in favor of caring for the queen’s young. He realized that the hive’s peculiar genetic structure resulted in workers being so closely related to one another that, in slaving for the queen, they were promoting their own gene pool. It follows that the genetic disposition of a human parent to forgo personal advantage for the sake of his or her child is just a special case of genes selfishly looking out for their own best interests, as is their disposing of the individual who carries them to selfsacrifice (ceteris paribus) for the sake of two siblings, four cousins, or eight secondcousins. There