These explanations "make people feel safer and the
world more comprehensible".
The just-world hypothesis otherwise
called just world fallacy is the cognitive inclination or supposition that a
man's activities are innately disposed to convey ethically reasonable and
fitting results to that individual, to the finish of every honorable activity
being in the end compensated and every insidious activity inevitably rebuffed.
What in the world are you talking about
In fact, this function of prices may be analyzed into three separate functions. First, prices determine what goods are to be produced and in what quantities; second, they determine how the goods are to be produced; and third, they determine who will get the goods.
