Secondary Effects
Various secondary effects occurred, notably toilet paper panics in Japan and the United States; these were unfounded panics which became self-fulfilling prophesies, and are classic examples of the Thomas theorem. Price rises and unfounded rumors of a toilet paper shortage—based on oil being used in paper manufacturing—caused a panic and hoarding of toilet paper in late October and early November in Osaka and Kobe, among other cities. In the United States, Johnny Carson inadvertently caused a three-week panic when, on December 19, 1973, he read a news item regarding the U.S. government falling behind on bids for toilet paper and quipping that the nation faced a toilet paper shortage on The Tonight Show.
Read more about this topic: 1973 Oil Crisis
Famous quotes containing the words secondary and/or effects:
“Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.”
—William Butler Yeats (1865–1939)
“Virtues are not emotions. Emotions are movements of appetite, virtues dispositions of appetite towards movement. Moreover emotions can be good or bad, reasonable or unreasonable; whereas virtues dispose us only to good. Emotions arise in the appetite and are brought into conformity with reason; virtues are effects of reason achieving themselves in reasonable movements of the appetites. Balanced emotions are virtue’s effect, not its substance.”
—Thomas Aquinas (c. 1225–1274)