Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

One of the internet's most famous economics bloggers has published his 3 laws for everything

Myles UdlandApr 16, 2015, 04:09 IST

Tyler Cowen, economics professor at George Mason university and noted economics blogger over at Marginal Revolution, has published his 3 oft-referenced laws.

They are:

Cowen's First Law: There is something wrong with everything (by which I mean there are few decisive or knockdown articles or arguments, and furthermore until you have found the major flaws in an argument, you do not understand it)
Cowen's Second Law: There is a literature on everything.
Cowen's Third Law: All propositions about real interest rates are wrong.

Read them, remember them.