Dear Marc,
thank you very much for your kind remarks, and bumping up the rating of my essay. Given the small number of ratings so far, this had an immediate positive effect :-) [as an aside, initially the essay was in the top 5 for several days, till a community member shot it down by apparently giving it only 1 point, whereupon it ended up in the middle range and slipped into oblivion. I wish he/she who did that rather offered some public criticism, whereupon we could have a constructive discussion...]
Anyhow, yes, I had looked up tables of known physical quantities, and also came to the conclusion that a power of order 3 or 4 is the largest one appearing. I put an upper bound of 100 to be on the safe side. I was not aware of the jounce - glad to learn about it!
And yes, the apparent preference of Nature for laws of the "fundamental type" is strange. I wonder, however, whether there is a human bias in this in the sense that we favor simple laws, and are certainly also more capable of extracting them from experimental data than more complicated ones. Evolution trained us to make sense out of complex environments in a most efficient way, and we certainly have a bias towards "simple" laws which we experience as more beautiful than complicated ones.
Recently we discovered a really ugly one: a formula for the Fisher information relevant for doing measurements with photon-added states ((A1) in here or (35) in there for the arxiv version). The formula goes over a whole page, contains up to 11th powers, and one can only make sense out of it by plotting it as function of some variables while keeping others fixed, or looking at limiting cases and so on. We were debating whether to publish it at all.
Also, thanks to Jens Eisert and co-workers, we know that extracting dynamical equations from experimental data is NP-hard, but certainly it is easier to find simple patterns than complicated ones. I would doubt for example, that our mentioned formula going over one page could have been found empirically by analysing measurement data. In a certain sense it is rather a mathematical quantity (already it is dimensionless) and was derived mathematically (using Mathematica :-)
So there is certainly a bias towards simle formulae in both our human appreciation, and in the possibility of finding them. But is that all?
Maybe with machine learning becoming more and more powerful we'll have to get used to find ever more complex laws, in areas where we did not even expect any new laws nor physical quantities to be found...
Or another competition could be created for finding the most (irreducibly) complicated formula connecting some (to be newly defined?) physical quantities. Of course, this runs completely against the whole philosophy of physics and our trying to make sense out of things...
Thanks once more for your interest, and good luck in the contest,
Daniel