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On "Iron Laws" of Economics

2023-03-21 16:29:38

Abstract of "iron law" in economics: modern society has a strong interest in economic attitudes and is related to an increase in authority of economists. - Considering the law of "iron" in economics is the highest level of economic activity and living (economic lethalism). - Exploring the most common motives of housekeeping management: fight for survival, fight for their "life", and earn money on "black days". - Confirm the logical "avoidance" of all these motives through daily facts.

The iron law of economics is that almost everything eventually reaches a decline in profits. The last French fries are less tasteful than the first one; Warren Buffett's last billion dollars may not bring him the first million happiness. The king which eventually becomes the content is just a good project; after that, they either stop spending or create terrible things that everyone in their heart does not want to see. In 2017, over 500 original TV programs were produced, and most people thought that there were too many programs. Being a good writer, a good performer, a good producer is time consuming; the industry does not have enough talent to meet all these pieces and the audience does not have enough time to see them. In a way, the movie is also as difficult. There are 10 to 20 hours of drama, you draw some wrong space, slow rhythm or weak picture

Iron law without economics increases tuition fees - and should go to school every year. In many respects, universities are the same or worse in education compared to the early 1980s. But now, students are paying four times the amount of those days. These airlines fly more slowly and crash more frequently, but their income is spent in the wonderful terminals and lounges. Could you stick the sticker to the rear window of the car?

Regardless of the political results this year, I hope this will be another example of economics and market iron law. At an important turning point, most people's feelings are always wrong. Most people are now very pessimistic. This indicates that we are on the verge of the economic downturn.

Smackdown / Archives 7 years ago: Donald Ruskin: through a bad economic way

Finally, it is important to note that absolute lethalism in the economic field has been replaced by liberalists. It accepts the "iron" of economic law, but it is probably not ruthless, but ruthless, hard and cruel. "Although the laws of the market are cruel, society can thwart the behavior to suppress passion and mitigate the consequences of voluntary markets through the state," he said. Therefore, in some cases, while recognizing the objective power of economic law, it also shows their moral flaws, making them very strange and hostile for most people. Here, the government has been given a role as a "lubricator" of iron law (to prevent them from becoming wrinkled), and there is no prospect of substantial improvement. If I understand, supporters of "regulated markets" are sitting at the same time in two chairs and usually fall off from two chairs.