The Walras's law

 

 Walras's law is named after the economist Léon Walras of the University of Lausanne who formulated the concept in his Elements of Pure Economics of 1874.

The Backwards Law -A brief summary

 

What if we’d try not to think of a pink elephant. This probably won’t work. Because as soon as the pink elephant appears in our minds, it’s impossible to get rid of it by consciously not thinking about it. And the more we try to get rid of it, the more it persists.

The elephant simile is commonly used to show how difficult it is to get rid of intrusive thoughts by force. But we could also use this simile as a metaphor for how we approach dissatisfaction with life.

The pink elephant, in this case, represents our general dissatisfaction, which may manifest as negative emotions like sadness, stress, anger, or boredom. Ironically, the more we try to be less dissatisfied, the more dissatisfied we become.

Abstract Noun

 

Nouns can be divided into two groups: concrete and abstract. Concrete nouns refer to people, places, and things that can be experienced using our five senses. Abstract nouns refer to thoughts, ideas, and imaginings that cannot: