Finland-Brazil Axis, Ceteris paribus in economics
en.wikipedia.org
[edit] The clause
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. For example, it can be predicted that if the price of beef decreases — ceteris paribus — the quantity of beef demanded by buyers will increase. In this example, the clause is used to operationally describe the relationship between both the price and the quantity demanded of an ordinary good.
This operational description intentionally ignores both known and unknown factors that may also influence the relationship between price and quantity demanded. Such factors include: the relative change in price of substitute goods, (e.g., the price of beef vs pork or lamb); the level of risk aversion among buyers (e.g., fear of mad cow disease); or the level of overall demand for a good regardless of its current price level (e.g., a societal shift toward vegetarianism).
The clause is often loosely translated as "holding all else constant."
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Ceteris paribus is a Latin phrase, literally translated as "with other things [being] the same," and usually rendered in English as "all other things being equal."
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But please try to handle our somewhat motorically challenged, maybe too tall and thus stiff, prime minister with the respect needed for somebody who can chop his firewood with a perfect beat, hammer in his nails while building his own house, but not do anything like a samba while, or after doing that,.
PS However, he (Vanhanen) is supposedly a great fan of Gilberto Gil as well as "the forgotten little land-less agrarians" although not the most anarchistic of them.
PPS He (Vanhanen) is by many women seen as sexy as a mix between a full grown giraff and a newly born baby.
gilbertogil.com.br
That is, we all wait for some further news of his latest travels. |
