Economic Law Is Economic Law

“Economic law is economic law. It is not merely economic opinion or economic suggestion. Sound economic principles are sound because they are derived from the reality of human action. Just like Congress cannot repeal the law of gravity, it cannot repeal the laws of economics either. For a policy to effectively achieve its goal, it must be in full accord with sound economic analysis.”

Foundations of Economics—A Christian Perspective, pp. 382-383, Shawn Ritenour

Book: Foundations of Economics: A Christian View