Universal laws and economic phenomena
نویسنده
چکیده
Despite the idiosyncratic behavior of individuals, empirical regularities exist in social and economic systems. These regularities often arise from simple underlying mechanisms which, analogous to the natural sciences, can be expressed as universal principles or laws. In this essay, I discuss the similarities between economic and natural phenomena and argue that it is advantageous for economists to adopt methods from the natural sciences to discover ‘‘universal laws’’ in economic systems. 2011 Wiley Periodicals, Inc. Complexity 17: 9–12, 2011
منابع مشابه
Motorcycle Helmet Laws Prevent Injury and Save Lives: Recommendation of the Community Preventive Services Task Force.
The Community Preventive Services Task Force recom mends universal motorcycle helmet laws (laws that apply to all motorcycle operators and passengers) based on strong evidence of effectiveness. Evidence indicates that universal helmet laws increase helmet use; decrease motorcycle-related fatal and non-fatal injuries; and are substantially more effective than no law or partial motorcycle helmet...
متن کاملBasic Health Insurance Stewardship in Line with the Upstream Laws and Policies: Conflicts and Contradictions!!!
One of the serious challenges regarding interactions between Iran’s social security system and health system is basic health insurance stewardship. It has existed for a long time and has been given a special place concerning the related laws and policies in recent years. In this regard, it seems that approving of rules conflicting with upstream laws and policies has increased existing conflicts...
متن کاملHelmet use among motorcyclists who died in crashes and economic cost savings associated with state motorcycle helmet laws--United States, 2008-2010.
In 2010, the 4,502 motorcyclists (operators and passengers) killed in motorcycle crashes made up 14% of all road traffic deaths, yet motorcycles accounted for <1% of all vehicle miles traveled. Helmet use consistently has been shown to reduce motorcycle crash-related injuries and deaths, and the most effective strategy to increase helmet use is enactment of universal helmet laws. Universal helm...
متن کاملWhy Believe That There Is a God?
This article presents an argument for the existence of God, showing that the evident phenomena are best explained by supposing that a God causes them. The argument is based on the inductive force of four very evident general phenomena: that there is a physical Universe; that it is governed by very simple natural laws; that those laws are such as to lead to the existence of human bodies; and tha...
متن کاملExplaining New Phenomena in Terms of Previous Phenomena
It has become increasingly clear that natural phenomena cannot be formally deduced from laws but that almost every phenomenon has its own particular way of being linked to higher-level generalizations, usually via approximations, normalizations and corrections. This article deals with the following problem: if there are no general principles to link laws to phenomena, and if each phenomenon has...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Complexity
دوره 17 شماره
صفحات -
تاریخ انتشار 2011