The expression “all things being equal” isn’t directly tied to a specific school of thought, but rather a concept used in various fields, particularly philosophy.
It originates from the Latin phrase “ceteris paribus,” which translates to “other things being equal.” It’s a way to acknowledge that when examining something, certain factors are being held constant to isolate the variable of interest.
The expression “all things being equal” isn’t directly tied to a specific school of thought, but rather a concept used in various fields, particularly philosophy.
It originates from the Latin phrase “ceteris paribus,” which translates to “other things being equal.” It’s a way to acknowledge that when examining something, certain factors are being held constant to isolate the variable of interest.