Sentences with phrase «iron law of»

We also know about an iron law of family life: that when there is conflict in extended families, «Blood talks to blood.»

That same study cites Richard Cowan's Iron Law of Prohibition which states: «the more intense the law enforcement, the more potent the prohibited substance becomes.»

It is what Roger Pielke jr calls the Iron Law of Climate Policy.

Several people have pointed out that the Maldives limited commitment may be more a function of an illegitimate political regime that profits from diesel imports than any iron law of climate policy.

The reason for this failure is well explained by Roger Pielke's «Iron Law of Climate Policy»: When policies for economic growth collide with emissions reduction policies, economic growth always wins.

The new iron law of energy development must be: if you wouldn't want it in your backyard, then it doesn't belong in anyone's backyard.

In short, the current Ontario green energy policies have run up against Pielke's iron law of climate change: when citizens are faced with a major trade - off between the economy and the environment, the former will almost always prevail (Pielke 2010).

In his book, The Climate Fix, Roger Pielke Jr. formulates an Iron Law of Climate Policy, which states that «even if people are willing to bear some costs to reduce emissions, they are only willing to go so far.»

But it still seems all but certain that something like the Iron Law of Climate Policy holds even under an intense PR push by climate advocates and the most charismatic and courageous political leadership.

** Updated 5PM, January 24, 2012 to more clearly define «The Iron Law of Climate Policy» and update the source material link.

It's patently obvious that this is little more than evidence of Pournelle's Iron Law of Bureaucracy.

In his scrupulously researched new book, The Climate Fix, the political scientist Roger Pielke, Jr., our colleague and a senior fellow at the Breakthrough Institute, calls the unwillingness of governments to sacrifice economic growth for global warming the «iron law of climate policy.»

While the iron law of climate may seem obvious, many on the left continue to reject it, insisting that turning up the volume with dire warnings of climate apocalypse and civil - rights - style protests can overcome the basic technological and economic obstacles to action.

Roger Pielke, Jr., of the University of Colorado, Boulder, has long been pummeled by climate campaigners for pointing out the primacy of economic conditions over climate concerns through his «iron law of climate policy.»

Once again, however, the iron law of equilibrium is that every risk swapped away by someone is held by someone else.

As Rossi phrased the «iron law of evaluation,» «the expected value of any net impact assessment of any large - scale social program is zero.»

Call it the Iron Law of Pedagogy: Every good teaching idea becomes a bad idea the moment it hardens into orthodoxy.

Behold the iron law of Hollywood tentpoles.

Returning to the Iron Law of Oligarchy, Michels was very clear that «historical evolution mocks all of the prophylactic measures that have been adopted for the prevention of oligarchy.»

Robert Michels's «Iron Law of Oligarchy», a century - old core concept in the study of political parties.

Some of have suggested that Sarkozy's conservatism resides not in a belief in the iron law of the market, as many conservatives in Britain and the US adhere to, but in the power of the state.

Read Debt: The First 5000 Years and specifically the part about the «Iron Law of Liberalism» for more details about the need for governments to create Capitalist Markets.

Friends, I have come to tell you that this beet cake is proof that what I had taken as an iron law of gluten - free vegan dessert is simply not so.

For the iron law of progress is that its cost necessitates the radical disordering of nature as we received it, and its rearrangement after the image of our perceived interests.

Here too the «iron law of oligarchy» has been brilliantly in evidence, much to the bewilderment of the bishops.

Even when Jesus raised up the dead, he simply delayed the consequences of the iron law of existence.

Pentecostals live, in other words, by what George Weigel has called the Iron Law of Christianity in Modernity: Christian communities that maintain a firm grasp on their doctrinal and moral boundaries can flourish amidst the cultural acids of modernity; Christian communities whose doctrinal and moral boundaries become porous (and then invisible) wither and die.

As far as the iron law of dharma goes... well, it is quite extraordinary how liberal classical Thai culture's moral expectations of its gods could be.

In the introductory text for Part I of their 2016 book, Adaptive Asset Allocation: Dynamic Global Porfolios to Profit in Good Times — and Bad, Adam Butler, Michael Philbrick and Rodrigo Gordillo state: ``... we have come to stand for something square and real, a true Iron Law of Wealth Management: We would rather lose half our clients during a raging bull market than half of our clients» money during a vicious bear market.

First, the «returns on equities» here are typically taken to be earnings yields, which as we've frequently noted, are affected by cyclical variations in profit margins that make them notoriously poor indicators of long - term prospective returns (see Two Point Three Sigmas Above the Norm and Margins, Multiples and the Iron Law of Valuation).

Through the recurrent bubbles and collapses of recent decades, I've often discussed what I call the Iron Law of Finance: Every long - term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time.

I've called these The Iron Law of Valuation, and The Iron Law of Speculation.

For more on this regularity, see Margins, Multiples, and the Iron Law of Valuation.

In order for this presumptive «wealth» to be spent, the overvalued securities have to be sold, but at that moment - Iron Law of Equilibrium - someone else has to buy them.

For that reason, we have to join the Iron Law of Valuation with what I call the Iron Law of Speculation: the near - term outcome of speculative, overvalued markets is conditional on investor preferences toward risk - seeking or risk - aversion, and those preferences can be largely inferred from observable market internals and credit spreads (when investors are inclined to speculate, they tend to be indiscriminate about it).

Likewise, the Iron Law of Equilibrium says that there are never «more buyers than sellers» or «more sellers than buyers.»

While the Iron Law of Valuation will serve you well over the complete market cycle, it can make for a miserable time over shorter portions of the cycle.

As long as investors aren't too concerned about the risk of capital losses - that is, as long as investors are in a risk - seeking mood (Iron Law of Speculation), a mountain of zero - interest hot potatoes will also embolden investors to chase yield further out on the risk spectrum, for example, in junk debt, stocks and mortgage securities.

Well, the Iron Law of Equilibrium ensures that the base money will stay base money until it is retired by the Fed.

As holders of monetary base try to get rid of their hot potatoes by purchasing Treasury bills, T - bill prices rise, and (per the Iron Law of Valuation) their yield declines.

I've often called it the Iron Law of Valuation: the higher the price you pay today for a given stream of future cash flows, the lower your rate of return over the life of the investment.

Put another way, in order for the holder of any security of spend out of that investment, the security has to be sold to another investor who locks in the identical amount of funds (Iron Law of Equilibrium).

This follows from the Iron Law of Valuation — the higher the price an investor pays for a given stream of expected future cash flows, the lower the long - term return one should expect.

This adjustment has historically been important, as adjusting for that embedded profit margin significantly improves the relationship between the CAPE and actual subsequent market returns (something we can demonstrate both with algebraic return estimates and regression models — see Margins, Multiples, and the Iron Law of Valuation).

Over the years, I've emphasized what I call the Iron Law of Valuation: the every security is a claim on an expected stream of future cash flows, and given that expected stream of future cash flows, the current price of the security moves opposite to the expected future return on that security.

It turns out, there might be iron laws of technology.

At the same time, markets are markets and anything that is traded eventually has to comply with the iron laws of economics.

It can help to explain not only why some of the supposed iron laws of politics failed to hold, but also the changes in the electoral map from 2015.

We thought only fools messed with the cast - iron laws of thermodynamics — but quantum trickery is rewriting the rulebook, says physicist Vlatko Vedral

A bizarre oscillating material that seems to run on a never - ending loop has apparently been made in the lab, bending the cast - iron laws of thermodynamics