... for conversations about the sometimes confusing vocabulary of economics and how to teach it.
From chapter 3, section 3.
Speaking economics: Ceteris paribus
The Latin phrase ceteris paribus is pronounced "KET-er-iss PAR-ih-buss." Ceteris means "other things". The Latin is the same as in the phrase "et cetera" (etc.), which means "and other things". The next word, paribus, means "equal," as in words like parity or (golfing) par. Together they mean "other things equal," that is, other things that might spoil the experiment held constant.