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lawrence

322

Some "Law" (lemmy.world)

submitted 1 month ago by homesweethomeMrL to c/comicstrips

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[–] themeatbridge 6 points 1 month ago (9 children)

A helium balloon does not invalidate the law of gravity.

The law of supply and demand describes market forces, but these are not the only forces that act on prices. Perceived value, fomo, FArtS, and even your basic fraud, all of these are also forces that act on pricing. Economics, like physics, does not happen in a frictionless vacuum.

[–] ChicoSuave 11 points 1 month ago (7 children)

That's not falling up. That's a phenomenon that is explained by physics. The Dinosaur Comic is saying that if gravity was found to be non compliant once, the law of gravity would be rewritten to make it make sense within the knowledge at hand. Economics has these regular events that invalidate a defined "Law" and they ignore it.

[–] [email protected] 8 points 1 month ago (5 children)

Good luck finding any nontrivial law that applies to each and every instance of a human construct. “Money can be exchanged for goods and services” until you show up at a store with 10 kilograms of 1-cent coins. A single violation (or even many) don’t mean the underlying law (or rule or principle or guideline or whatever ‘less strict’ version you want to call it) is bad.

Newton’s gravity is wrong. There’s no arguing about that. But still every middle-schooler around the world learns it because it is ‘good enough’ in all but extraordinarily special cases.