the law of…
anytime you see someone asserting “the law of x” is a good time to get skeptical. art carden:
The law of comparative advantage shows us that people can consume more than they would be able to produce on their own. […]
ugh. this law of x formula’s a fallacious crutch. tautology aside, he should simply write, “Comparative advantage shows us”, or similar. as noted here, referring to a “law” explains nothing. so why is he even calling it a law? because it’s a tradition from economics (and other) blowhards. it’s a tradition because it’s normally the fallacy of argument by authority. should be tossed in nearly every case, including probably every time i ever did it.