Term
Parkinson’s Law
An observation by British historian Cyril Northcote Parkinson (1955): the demand for something expands to match its supply. Michalowicz applies it to money: whatever is in the account is what gets spent.
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine, Mike Michalowicz
Explained in
- Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine, Mike Michalowicz
- The 4-Hour Workweek, Timothy Ferriss
The observation that work expands to fill exactly the time set aside for it. Formulated by the Briton Cyril Northcote Parkinson.