It’s called a “law” because it’s a principle behind how something works, not because it would be incontestably true. There are other examples of this, like Haldane’s law having exceptions for fruit flies and ruki law working only partially for Balto-Slavic languages (it works for *u *i, not for *r *k).
In all cases, apparent violations are typically easy to explain, for example in Veblen goods there’s value associated with the price itself, as a status symbol. “Look, I’m rich! I could be paying 10k for this good, but instead I’m paying 100k! Not a big deal~” (translation: “I buy overpriced shite. I’m an idiot and I deserve to be treated as one”).
…sorry for being the unfunny guy who explains the comic. I couldn’t help it.
It’s called a “law” because it’s a principle behind how something works, not because it would be incontestably true. There are other examples of this, like Haldane’s law having exceptions for fruit flies and ruki law working only partially for Balto-Slavic languages (it works for *u *i, not for *r *k).
In all cases, apparent violations are typically easy to explain, for example in Veblen goods there’s value associated with the price itself, as a status symbol. “Look, I’m rich! I could be paying 10k for this good, but instead I’m paying 100k! Not a big deal~” (translation: “I buy overpriced shite. I’m an idiot and I deserve to be treated as one”).
…sorry for being the unfunny guy who explains the comic. I couldn’t help it.