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

Tyler CowenWikimedia CommonsTyler Cowen.

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:

  1. 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)
  2. Cowen’s Second Law: There is a literature on everything.
  3. Cowen’s Third Law: All propositions about real interest rates are wrong.

Read them, remember them.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at