Latin Phrase For All Things Being Equal. But, remember, all other things are almost never equal! Ceteris paribus can be translated into all other things being equal or holding other factors constant. for economic analysis, ceteris paribus means.
All other things being equal: Herbert broom′s text of 1858 on legal maxims lists the phrase under the heading ″rules of logic″, stating: The full phrase is “vox populi vox dei”:
The Latin Phrase 'Ceteris Paribus' Can Be Translated Into English As 'All Other Things Being Equal'.
According to wikipedia, this phrase comes to us from the latin c?ter?s paribus which literally translates as “with other things the same,” or “all other things being equal or held constant.” when used in business discussions, it's usually code language that means, “if everything goes our way” or “if nothing unexpected happens”. But, remember, all other things are almost never equal! This is an important concept in evaluating cause and effect, where the economic variables could be effected by some other variable.
Wikipedia Defines Ceteris Paribus As:
It means that something will occur as a result of something else most of the time, if nothing else changes. Reason is the soul of the law, and when the reason of any particular law ceases, so does the law itself. The latin phrase ceteris paribus, which translates in modern english as “all other things being equal,” is most commonly used in matters of finance and economics.
Given The Same Circumstances, As In Other Things Being Equal, I Prefer The Green Sofa.
While latin hasn't been regularly spoken or written for hundreds of years, save for the occasional scholarly text, its legacy is still felt throughout the lexicon of both romance and germanic languages today.whether you're launching an ad hominem attack or adding etcetera to the end of a list, it's likely you're peppering your speech with latin phrases without even. About the road to fast growth and the. Key takeaways ceteris paribus is a latin phrase that generally means all other things being equal. in economics, it acts as a shorthand indication of.
All Things Being Equal In Latin All Things Being Equal Adverb (Idiomatic) Without Considering Or Being Affected By External Factors.
All other things being equal: Earlier still, aeschylus used a similar phrase in seven against thebes , line 592, ou gar dokein aristos, all' enai thelei ('his resolve is not to seem the best, but in fact to be the best'). This term is a translation of the latin phrase ceteris paribus, which was widely used until the 18th century, when it began to be replaced by the english equivalent.
Herbert Broom′S Text Of 1858 On Legal Maxims Lists The Phrase Under The Heading ″Rules Of Logic″, Stating:
You can use it when you want to isolate something and concentrate on it. That is, disregarding or eliminating extraneous factors in a situation. Definition and examples of ceteris paribus