Tag Archives : assumption


Don’t Assume What Is “Unseen” Doesn’t Exist

Source: https://mises.org By Gary Galles Don’t Assume What Is “Unseen” Doesn’t Exist   The use of the ceteris paribus, or “other things equal” assumption is an essential aspect of economic education. It is an important caveat that helps make sense of a complicated world by clarifying the incentive stories that comprise the core of economics. […]

assume the unseen

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Explosion monitor in Bayou Corne sinkhole area ‘goes off’

Source: http://www.examiner.com Explosion monitor in Bayou Corne sinkhole area ‘goes off’ August 9th, 2012 by Deborah Dupre Credit: Facing South Bayou Corne and Grand Bayou waters percolating with chemicals as residents told not to worry A community monitor went off in Assumption Parish’s Bayou Corne sinkhole area, now the size of a football field Thursday, […]