I'm not familiar with Morph's Law, but having looked it up, I stand by my comments. Economics, especially the Austrian variety, despite the best efforts of its adherents to paint it as a science based on Pure Fact and Reason, is as much a matter of Faith As The Assured Expectation Of Things Hoped For, The Evident Demonstration Of Realities Not Beheld as any form of religious belief. I know a lot of Libertarians, Anarcho-Capitalists, and god-forbid Randites with sticky copies of "Atlas Shrugged" under their mattresses who are just as desperately culty in their beliefs as any hard-boiled Witness. And I'll put an awful lot of the Trump people I've met in the same camp. Not all, certainly, but a distressing number of them, especially old white people who live in the whitest state in the union and are nonetheless convinced that OMG MEXICANS ARE HERE TO STEAL OUR JOBS AND WRECK OUR PROUD CULCHA when they see the brown-skinned carnies working the Tilt-A-Whirl at the county fair. What Richard Hofstadter wrote about "The Paranoid Style in American Politics" in 1964 is even more true today. (Not that I'm citing him as scripture, you understand, but I do suggest you look it up and read it -- well worth anyone's time.)
Now, you can turn it around and say MARXIST! POT, KETTLE, ETC., but the difference is I don't look to Marx as the last word in my beliefs. I believe he was correct in his analysis of class structure, but I don't hang by his every written word as sacred writ. Why would I? As human beings we're all just making this up as we go along, and anyone who claims otherwise, who claims to have the Real Truth, is just as deluded as the cheesiest elder on the platform. So, sure, go ahead, Morph away. But look in the mirror while doing it.