Canonum De Lex Frugalitas
Canons of Economic Law

one heaven iconI.   Introductory Provisions

1.1 Introductry Provisions

1.2 Concepts

  • Article 3 - Economics
  • Article 4 - Production
  • Article 5 - Cost
  • Article 6 - Distribution
  • Article 7 - Consumption
  • Article 8 - Scarcity
  • Article 9 - Abundance
  • Article 10 - Business
  • Article 11 - Consumer
  • Article 12 - Economy
  • Article 13 - Behaviour
  • Article 14 - Markets
  • Article 15 - Specialization
  • Article 16 - Codependence
  • Article 17 - Uncertainty
  • Article 18 - Game Theory
  • Article 19 - Choice
  • Article 20 - Optimization
  • Article 21 - Macroeconomic
  • Article 22 - Microeconomic

one heaven iconII.   System

2.1 Economies

  • Article 23 - Economies
  • Article 24 - Open Economy
  • Article 25 - Closed Economy
  • Article 26 - Transition Economy
  • Article 27 - Weightless Economy
  • Article 28 - Market Economy
  • Article 29 - Centrally Controlled Economy
  • Article 30 - Industrialized Economy
  • Article 31 - Advanced Economy
  • Article 32 - Agricultural Economy
  • Article 33 - Underdeveloped Economy

2.2 Economic Systems

  • Article 34 - Economic Systems
  • Article 35 - Capitalism
  • Article 36 - Communism
  • Article 37 - Fascism
  • Article 38 - Liberalism
  • Article 39 - Mercantilism
  • Article 40 - Debtism
  • Article 41 - Socialism
  • Article 42 - Synergism

2.3 Measurement

  • Article 43 - Measurement
  • Article 44 - Economic Indicator
  • Article 45 - Average
  • Article 46 - GDP
  • Article 47 - GNP
  • Article 48 - Herfindahl-hirschman index
  • Article 49 - Gini coefficient
  • Article 50 - Consumer Price Index

2.4 Statistics

  • Article 51 - Statistics
  • Article 52 - Source
  • Article 53 - Sample
  • Article 54 - Method
  • Article 55 - Independence
  • Article 56 - Deviation
  • Article 57 - Frequency
  • Article 58 - Inference
  • Article 59 - Normalization
  • Article 60 - Asymmetric Information
  • Article 61 - Statistical significance
  • Article 62 - Standard error
  • Article 63 - Probability
  • Article 64 - Objectivity

2.5 Ucadian Statistical Model

  • Article 65 - Ucadian Statistical Model
  • Article 66 - Agriculture
  • Article 67 - Assets
  • Article 68 - Buildings
  • Article 69 - Business
  • Article 70 - Crime
  • Article 71 - Economy
  • Article 72 - Education
  • Article 73 - Employment
  • Article 74 - Energy
  • Article 75 - Environment
  • Article 76 - Expenditure
  • Article 77 - Exports
  • Article 78 - Families
  • Article 79 - Finance
  • Article 80 - Geography
  • Article 81 - Government
  • Article 82 - Health
  • Article 83 - Households
  • Article 84 - Imports
  • Article 85 - Income
  • Article 86 - Industry
  • Article 87 - Infrastructure
  • Article 88 - Land
  • Article 89 - Land Use
  • Article 90 - Law
  • Article 91 - Liabilities
  • Article 92 - Living Standards
  • Article 93 - Military
  • Article 94 - People
  • Article 95 - Poverty
  • Article 96 - Religion
  • Article 97 - Natural Resources
  • Article 98 - Technology
  • Article 99 - Transport
  • Article 100 - Water

2.6 EKELOS

  • Article 101 - EKELOS
  • Article 102 - EKEDA
  • Article 103 - EKEDIA
  • Article 104 - EKELEX
  • Article 105 - EKEVIR
  • Article 106 - TEKNAS
  • Article 107 - EIKOS
  • Article 108 - EKASYS
  • Article 109 - CIVILA
  • Article 110 - UNILEX

2.7 False Statistical Theories

  • Article 111 - False Statistical Theory
  • Article 112 - Adaptive Expectations

one heaven iconIII.   Currency

3.1 Currency

  • Article 113 - Currency
  • Article 114 - Barter
  • Article 115 - Bimetallism
  • Article 116 - Bullionism
  • Article 117 - Circular flow of Income
  • Article 118 - Capital Adequacy Ratio
  • Article 119 - Classical Theory Of Money
  • Article 120 - Commodity Theory of Money
  • Article 121 - Monetarism
  • Article 122 - Money Illusion
  • Article 123 -
  • Article 124 -

3.2 Currency Market

  • Article 125 - Currency Market
  • Article 126 - Real exchange rate
  • Article 127 - Currency peg
  • Article 128 - Currency Principle
  • Article 129 - Sterilised intervention
  • Article 130 - Deflationary monetary policy
  • Article 131 - Quantity Theory of Money
  • Article 132 - Reserve currency
  • Article 133 - Soft currency
  • Article 134 - Soft dollars
  • Article 135 - Transmission mechanism
  • Article 136 - Trade-weighted exchange rate
  • Article 137 - Velocity of circulation
  • Article 138 - Purchasing Power Parity
  • Article 139 - Real Terms
  • Article 140 - Dollarisation
  • Article 141 - Demand for Money Theory
  • Article 142 - Exchange controls
  • Article 143 - Marshall-Lerner Condition
  • Article 144 - Exchange Rate
  • Article 145 - Funding
  • Article 146 - Hard currency
  • Article 147 - Hawala

3.3 Currency Control

  • Article 148 - Currency Controls
  • Article 149 - Money supply
  • Article 150 - Capital Controls
  • Article 151 - Capital Flight
  • Article 152 - Credit Creation
  • Article 153 - Credit Crunch
  • Article 154 - Currency board
  • Article 155 - Monetary Neutrality
  • Article 156 - Monetary policy
  • Article 157 - Monetary Standard
  • Article 158 - Federal reserve system
  • Article 159 - IMF
  • Article 160 - Intervention
  • Article 161 - Liquidity trap
  • Article 162 - Reserve ratio
  • Article 163 - Reserve requirements
  • Article 164 - Reserves

one heaven iconIV.   Land

4.1 Land

  • Article 165 - Land
  • Article 166 - Land Development

one heaven iconV.   Labor

5.1 Labor

  • Article 167 - Labor
  • Article 168 - Divisions of Labor
  • Article 169 - Minimum Wage
  • Article 170 - Union
  • Article 171 - Wage
  • Article 172 - Wage Drift
  • Article 173 - Wages Fund Doctrine
  • Article 174 - Welfare
  • Article 175 - Welfare economics
  • Article 176 - Welfare to Work
  • Article 177 - Reservation Wage

5.2 Employment

  • Article 178 - Employment
  • Article 179 - Outsourcing
  • Article 180 - Full Employment
  • Article 181 - Geographic Immobility
  • Article 182 - Human Capital Theory
  • Article 183 - Job Search

5.3 Unemployment

  • Article 184 - Unemployment
  • Article 185 - Unemployment Trap
  • Article 186 - Voluntary Unemployment
  • Article 187 - Structural Unemployment
  • Article 188 - Okuns Law
  • Article 189 - Efficiency Wages
  • Article 190 - Frictional Unemployment
  • Article 191 - Transitional Unemployment
  • Article 192 - Labor
  • Article 193 - Labor Intensive
  • Article 194 - Labor Market Flexibility

5.4 False Labor Theories

  • Article 195 - False Labor Theory
  • Article 196 - Natural Rate of Unemployment

one heaven iconVI.   Capital

6.1 Capital

  • Article 197 - Capital
  • Article 198 - Acceleration Principle
  • Article 199 - Accelerator Theory
  • Article 200 - Capital Controls
  • Article 201 - Creditor
  • Article 202 - Social Capital
  • Article 203 - Gearing
  • Article 204 - Intellectual capital

6.2 False Capital Theories

  • Article 205 - False Capital Theory
  • Article 206 - Cost of Capital
  • Article 207 - Diversification

one heaven iconVII.   Enterprise

7.1 Enterprise Elements

  • Article 208 - Enterprise
  • Article 209 - Enterprise Element
  • Article 210 - Brand
  • Article 211 - Capital Structure
  • Article 212 - Dividend
  • Article 213 - Dominant Firm
  • Article 214 - Entrepreneur
  • Article 215 - Stocks
  • Article 216 - Vertical integration
  • Article 217 - Offshore
  • Article 218 - Market capitalisation
  • Article 219 - Mergers and acquisitions

7.2 Enterprise Types

  • Article 220 - Enterprise Type
  • Article 221 - Central Bank
  • Article 222 - Bank
  • Article 223 - Public Utility
  • Article 224 - Public-private
  • Article 225 - NGO
  • Article 226 - Hedge Funds

7.3 False Enterprise Theories

  • Article 227 - False Enterprise Theory
  • Article 228 - Theory of Firm

one heaven iconVIII.   Commodity

8.1 Commodity

  • Article 229 - Commodity
  • Article 230 - Commoditization
  • Article 231 - Security
  • Article 232 - Backwardation
  • Article 233 - Luxuries
  • Article 234 - Treasury bills
  • Article 235 - Public Goods
  • Article 236 - Positional goods
  • Article 237 - Product Life-Cycle Theory
  • Article 238 - Substitute goods
  • Article 239 - Repo
  • Article 240 - Derivatives
  • Article 241 - Economic Good
  • Article 242 - Financial Instrument
  • Article 243 - Giffen goods
  • Article 244 - Gilt-edged securities (Gilts)
  • Article 245 - Global public goods
  • Article 246 - Joint supply

8.2 False Commodity Theories

  • Article 247 - False Commodity Theory
  • Article 248 - Bond (Debt Bond)
  • Article 249 - Bond (Surety)
  • Article 250 - Credit

one heaven iconIX.   Utility

9.1 Utility

  • Article 251 - Utility
  • Article 252 - Cost-Benefit Analysis
  • Article 253 - Marginal Utility (Theory)
  • Article 254 - Net present value
  • Article 255 - Network effect
  • Article 256 - Nominal value
  • Article 257 - Social benefits/costs

one heaven iconX.   Industry

10.1 Industry

  • Article 258 - Industry
  • Article 259 - Manufacturing
  • Article 260 - Primary Industry
  • Article 261 - Secondary Industry

one heaven iconXI.   Confidence

11.1 Confidence

  • Article 262 - Confidence
  • Article 263 - Consumer Confidence
  • Article 264 - Precautionary motive
  • Article 265 - Ratings
  • Article 266 - Trust
  • Article 267 - Trusted Source
  • Article 268 - Volatility

one heaven iconXII.   Competition

12.1 Competition

  • Article 269 - Competition
  • Article 270 - Competitiveness
  • Article 271 - Advertising
  • Article 272 - Barriers to Entry
  • Article 273 - Concentration
  • Article 274 - Dumping
  • Article 275 - Patents
  • Article 276 - First-mover advantage
  • Article 277 - Imperfect competition
  • Article 278 - Incumbent advantage
  • Article 279 - Non-price competition
  • Article 280 - Zero-sum game

12.2 False Competition Theories

  • Article 281 - False Competition Theory
  • Article 282 - Perfect competition

one heaven iconXIII.   Markets

13.1 Markets

  • Article 283 - Market
  • Article 284 - Adverse Selection
  • Article 285 - Antitrust
  • Article 286 - Arbitrage
  • Article 287 - Contestable Market
  • Article 288 - Pareto efficiency
  • Article 289 - Social market
  • Article 290 - Restrictive practice
  • Article 291 - Tariff
  • Article 292 - Trade area
  • Article 293 - Trade cycle
  • Article 294 - Trade deficit/surplus
  • Article 295 - Visible trade
  • Article 296 - Winner-takes-all markets
  • Article 297 - New Trade Theory
  • Article 298 - Quota
  • Article 299 - Optimal currency area
  • Article 300 - Oligopoly
  • Article 301 - Open-market operations
  • Article 302 - Fair trade
  • Article 303 - Natural Monopoly
  • Article 304 - Most-favoured nation
  • Article 305 - Rent-seeking
  • Article 306 - Multiplier
  • Article 307 - Financial centre
  • Article 308 - Invisible Trade
  • Article 309 - Market failure
  • Article 310 - Market forces
  • Article 311 - Market power
  • Article 312 - Monopolistic competition
  • Article 313 - Monopoly
  • Article 314 - Monopsony
  • Article 315 -
  • Article 316 -

13.2 Market Types

  • Article 317 - Market Type
  • Article 318 - GATT
  • Article 319 - NAFTA

13.3 Market Exchange Methods

  • Article 320 - Market Exchange Method
  • Article 321 - Fisher equation of exchange
  • Article 322 - Auctions

13.4 Market Behaviour

  • Article 323 - Market Behaviour
  • Article 324 - Arrow Debreu Model
  • Article 325 - Bubble
  • Article 326 - Business Cycle

13.5 Market Corruption

  • Article 327 - Market Corruption
  • Article 328 - Cartel
  • Article 329 - Price Fixing

13.6 False Market Theories

  • Article 330 - False Market Theory
  • Article 331 - Efficient Market Hypothesis
  • Article 332 - Free Market
  • Article 333 - Free Trade

one heaven iconXIV.   Investment

14.1 Investment

  • Article 334 - Investment
  • Article 335 - Distribution
  • Article 336 - Flotation
  • Article 337 - Foreign direct investment
  • Article 338 - Value at risk
  • Article 339 - Venture capital
  • Article 340 - Yield
  • Article 341 - Yield Curve
  • Article 342 - Yield gap
  • Article 343 - Private Equity
  • Article 344 - Soft loan
  • Article 345 - Sovereign risk
  • Article 346 - Real options theory
  • Article 347 - Systematic risk
  • Article 349 - Hedge
  • Article 350 - Hot Money
  • Article 351 - Portfolio Selection Theory
  • Article 352 - Insurance
  • Article 353 - Institutional investors
  • Article 354 - Stress-testing
  • Article 355 - Investment
  • Article 356 - Inward investment
  • Article 357 - Lender of last resort

14.2 Investment Risk

  • Article 358 - Risk
  • Article 359 - Risk averse
  • Article 360 - Speculation
  • Article 361 - Risk management
  • Article 362 - Risk neutral
  • Article 363 - Risk premium
  • Article 364 - Risk seeking
  • Article 365 - Risk-free rate

one heaven iconXV.   Expectation

15.1 Expectation

  • Article 366 - Expectation
  • Article 367 - Demand
  • Article 368 - Demand curve
  • Article 369 - Normal goods

15.2 False Expectation Theories

  • Article 370 - False Expectation Theory
  • Article 371 - Ricardian Equivalence Theorem

one heaven iconXVI.   Production

16.1 Production

  • Article 373 - Production
  • Article 374 - Capacity
  • Article 375 - Supply
  • Article 376 - Supply curve
  • Article 377 - Diminishing returns
  • Article 378 - Efficiency
  • Article 379 - Production Function
  • Article 380 - Productivity
  • Article 381 - Exports
  • Article 382 - Output Gap
  • Article 383 - Factor cost
  • Article 384 - Factors of Production
  • Article 385 - Mobility

16.2 False Production Theories

  • Article 386 - False Production Theory
  • Article 387 - Absolute Advantage
  • Article 389 - Lump of labour fallacy

one heaven iconXVII.   Distribution

17.1 Distribution

  • Article 390 - Distribution
  • Article 391 - Producer Surplus
  • Article 392 - Queueing
  • Article 393 - Rationing
  • Article 394 - Transfers

one heaven iconXVIII.   Consumption

18.1 Consumption

  • Article 395 - Consumption
  • Article 396 - Aggregate Demand
  • Article 397 - Coase Theorem
  • Article 399 - Equity risk premium
  • Article 400 - Substitution Theory

18.2 False Consumption Theories

  • Article 401 - False Consumption Theory
  • Article 402 - Absolute Income Hypothesis
  • Article 403 - Aggregate Demand Curve

one heaven iconXIX.   Satisfaction

19.1 Satisfaction

  • Article 404 - Satisfaction
  • Article 405 - Consumer Satisfaction

one heaven iconXX.   Prices

20.1 Prices

  • Article 406 - Prices
  • Article 407 - Price Discrimination
  • Article 408 - Price elasticity
  • Article 409 - Financial Market Asset Pricing
  • Article 410 - Consumer Surplus Theory
  • Article 411 - Contango
  • Article 412 - Spot price
  • Article 413 - Subsidy
  • Article 414 - Sticky prices
  • Article 415 - Price mechanism
  • Article 416 - Price regulation
  • Article 417 - Price/earnings ratio
  • Article 418 - Dominant Firm
  • Article 419 - Factory prices
  • Article 420 - House Prices
  • Article 421 - Predatory pricing
  • Article 422 - Spread
  • Article 423 - Transfer pricing
  • Article 424 - Paradox of Value
  • Article 425 - Menu costs
  • Article 426 - Peak Load Pricing
  • Article 427 - Overshooting
  • Article 428 - Option Pricing Theory

20.2 False Price Theories

  • Article 429 - False Price Theory
  • Article 430 - Capital Asset Pricing
  • Article 431 - Labour theory of value

one heaven iconXXI.   Revenue

21.1 Revenue

  • Article 432 - Revenue
  • Article 433 - Disposable income
  • Article 434 - Relative Income Hypothesis
  • Article 435 - Rent
  • Article 436 - Excess returns
  • Article 437 - Export credit
  • Article 438 - Fiscal drag
  • Article 439 - Income (Distribution)
  • Article 440 - National Income
  • Article 441 - Windfall gains
  • Article 442 - Income effect

21.2 Taxes

  • Article 443 - Taxation
  • Article 444 - Corporation tax
  • Article 445 - Lump-sum tax
  • Article 446 - Progressive taxation
  • Article 447 - Deadweight cost/loss
  • Article 448 - Negative income tax
  • Article 449 - Direct Taxation
  • Article 450 - Land tax
  • Article 451 - Expenditure tax
  • Article 452 - Hypothecation
  • Article 453 - Tax arbitrage
  • Article 454 - Tax Avoidance
  • Article 455 - Tax Base
  • Article 456 - Tax Burden
  • Article 457 - Vertical equity
  • Article 458 - Tax Competition
  • Article 459 - Tax efficient
  • Article 460 - Tax Evasion
  • Article 461 - Tax haven
  • Article 462 - Tax incidence
  • Article 463 - Wealth Tax
  • Article 464 - Withholding tax
  • Article 465 - Income Tax
  • Article 466 - Laffer curve

21.3 False Revenue Theories

  • Article 467 - False Revenue Theory
  • Article 468 - Permanent Income Hypothesis
  • Article 469 - Income Determination

one heaven iconXXII.   Expenses

22.1 Expenses

  • Article 470 - Expense
  • Article 471 - Cost-push factors
  • Article 472 - Sunk costs
  • Article 473 - Fixed Costs
  • Article 474 - Government Capital Expenditure
  • Article 475 - Imports
  • Article 476 - Public Spending
  • Article 477 - Replacement Cost
  • Article 478 - Transaction costs
  • Article 479 - Variable costs

one heaven iconXXIII.   Solvency

23.1 Solvency

  • Article 480 - Solvency
  • Article 481 - Bankruptcy

one heaven iconXXIV.   Profit

24.1 Profit

  • Article 482 - Profit
  • Article 483 - Capital Gains
  • Article 484 - Returns
  • Article 485 - Required return
  • Article 486 - Profit margin
  • Article 487 - Profit maximisation
  • Article 488 - Rate of return
  • Article 489 - Rate of return regulation
  • Article 490 - Total return
  • Article 491 - Value Added
  • Article 492 - Windfall profit

one heaven iconXXV.   Assets

25.1 Assets

  • Article 493 - Asset
  • Article 494 - Intangible Assets
  • Article 495 - Liquidity
  • Article 496 - Liquidity preference
  • Article 497 - Residual risk
  • Article 498 - Tangible assets

one heaven iconXXVI.   Liabilities

26.1 Liabilities

  • Article 499 - Liability
  • Article 500 - National Debt
  • Article 501 - Default

26.2 False Liability Theories

  • Article 502 - False Liability Theory
  • Article 503 - Debt
  • Article 504 - Debt Forgiveness

one heaven iconXXVII.   Wealth

27.1 Wealth

  • Article 505 - Wealth

27.2 False Wealth Theories

  • Article 507 - False Wealth Theory
  • Article 508 - Trickle Down Theory (Effect)
  • Article 509 - Wealth Effect

one heaven iconXXVIII.   Financial Position

28.1 Financial Position

  • Article 510 - Financial Position
  • Article 511 - Deficit
  • Article 512 - Deflationary Gap
  • Article 513 - Demand-Pull Inflation
  • Article 514 - Depreciation
  • Article 515 - Recession
  • Article 516 - Depression
  • Article 517 - Disinflation
  • Article 518 - Disequilibrium
  • Article 519 - Demand-Deficient unemployment
  • Article 520 - Fiscal Neutrality
  • Article 521 - Structural Adjustment
  • Article 522 - Stagnation
  • Article 523 - Government deficit
  • Article 524 - Hyper-inflation
  • Article 525 - Inequality
  • Article 526 - Inflation
  • Article 527 - J-curve

one heaven iconXXIX.   Financial Statement

29.1 Financial Statements

  • Article 528 - Financial Statement
  • Article 529 - Discounted cashflow
  • Article 530 - Terms of trade

one heaven iconXXX.   Economic Policy

30.1 Economic Policy

  • Article 531 - Balance of Payments
  • Article 532 - Balanced Budget
  • Article 533 - Catch Up Effect
  • Article 534 - Convergence (Theory)
  • Article 535 - Cost-push inflation
  • Article 536 - Crowding out
  • Article 537 - Deflate
  • Article 538 - Deflationary fiscal policy
  • Article 539 - Deflationary policies
  • Article 540 - Deregulation
  • Article 541 - Devaluation
  • Article 542 - Demand management policies
  • Article 543 - Economic Goals
  • Article 544 - Economic sanctions
  • Article 545 - Fine tuning
  • Article 546 - Golden Rule
  • Article 547 - Horizontal equity
  • Article 548 - Horizontal Integration
  • Article 549 - Indexation
  • Article 550 - Inflation target
  • Article 551 - Protectionism
  • Article 552 - Innovation
  • Article 553 - International Aid
  • Article 554 - Macroeconomic Policy
  • Article 555 - Nationalisation
  • Article 556 - Reflation
  • Article 557 - Reciprocity
  • Article 558 - Regional policy
  • Article 559 - Supply-side policies
  • Article 560 - Stabilisation
  • Article 561 - Sustainable growth

30.2 False Economic Policy

  • Article 562 - Privatisation
  • Article 563 - Laissez-faire