Sentences with phrase «back by most economists»

City forecasts of 0.5 % growth for the last three months have been trimmed back by most economists to around 0.1 % or 0.2 %, and some have even predicted the Office for National Statistics figures could show the economy contracting.

Not exact matches

While Bitcoin is often criticized because it's not backed by a physical commodity, that's not an issue for Michael Lee, an economist in the New York Fed's Research and Statistics Group, who says that neither is the dollar and most modern currencies.

Unfortunately, Mr. Krugman's failure to see today's economic problem as one of debt deflation reflects his failure (suffered by most economists, to be sure) to recognize the need for debt writedowns, for restructuring the banking and financial system, and for shifting taxes off labor back onto property, economic rent and asset - price («capital») gains.

In the opinion piece, Lomborg links back to the Copenhagen Consensus Center's research results, which were conducted by an «Expert Panel of five world - class economists - including three recipients of the Nobel Prize;» their duty: «to form conclusions about which solution to climate change is the most promising.»