Sunday, June 27, 2004

A note on the names: Azatlan is the wizarding prison in 'Barry Trotter and the Shameless Parody' by Michael Gerber (a most excellent book, I absolutely recommend you read it). Azatlan is a disused Mexican theme park where the guards (dressed as Mayans) feed you spicy Mexican food, and then deny you access to water and toilets.
Ceteris Paribus is a Latin phrase that means 'all other things remain constant/equal'. It is an absolutely indispensable condition for proving economic theories, and explains why Economists cannot accurately predict or explain anything at all.


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