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The Fundamental Law of Economics

By: Dr. Tucker Hart Adams Personal Finance Views: 867 | Comments: 0 | Votes: 0

Dr. Tucker Hart Adams

“Using Law and Economics in the same sentence is an oxymoron,” the hard scientist will snicker. Economics is one of the soft sciences, driven by human behavior, which is unpredictable at best. And yet there are economic laws, just as there are laws of physics. You may be able to walk on the ceiling in the carnival fun house, but ultimately the Law of Gravity prevails. 1. 2. 3. 4. More