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The Limitations of Ceteris Paribus | Muhammad Madih | TEDxThe Queens School Chester

Economic models often assume stability-holding all else equal, but the real world is anything but stable. Madih challenges the notion of "ceteris paribus" and discusses how rigid economic thinking can lead to systemic failures, ultimately contributing to political extremism and social unrest. Madih is an economics enthusiast who critically examines the assumptions behind traditional economic models. His research focuses on how flawed economic principles can have real-world consequences, influencing political instability and social extremism. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

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