He claims that assumptions are flawed because they reflect how we think of the world versus how it actually is. He also points out that “the problem with assumption is that it can be whatever you want it to be”. However, assumptions are not solely used in social contexts; they can also be utilized in certain academic fields. In the online textbook by Boundless Economics, ceteris paribus, assuming “all things constant”, is one of the key concepts explained. Its main purpose is to simplify economical situations, making them easier to study. The text explains that “when the ceteris paribus assumption is employed in economics, all other variables - with the exception of the variables under evaluation - are held constant”. According to these sources, assumptions are double-edged swords. On one hand, assumptions can simplify and facilitate learning. On the other, assumptions can cloud one’s ability to look at people as
He claims that assumptions are flawed because they reflect how we think of the world versus how it actually is. He also points out that “the problem with assumption is that it can be whatever you want it to be”. However, assumptions are not solely used in social contexts; they can also be utilized in certain academic fields. In the online textbook by Boundless Economics, ceteris paribus, assuming “all things constant”, is one of the key concepts explained. Its main purpose is to simplify economical situations, making them easier to study. The text explains that “when the ceteris paribus assumption is employed in economics, all other variables - with the exception of the variables under evaluation - are held constant”. According to these sources, assumptions are double-edged swords. On one hand, assumptions can simplify and facilitate learning. On the other, assumptions can cloud one’s ability to look at people as