Sentences with phrase «economic theories»

Two board members, Buffalo mayor Byron Brown and SEIU secretary treasurer Mike Fishman, heard testimony from workers, labor leaders, business owners and academics mostly decrying the working and living conditions of minimum wage fast food workers and endorsing economic theories bolstering the case for a substantial increase in the minimum wage.
Not people from outside that will be working with the economic theories that are alien and not minding what they send to us, not even minding whether the weather in Nigeria and the weather in Europe and America are not the same.
It is like the writer is saying the people at the Mises Institute are evil because they had some money — not all that much --- and they wanted to spread the word around the world about their economic theories.
Considerations such as animal welfare standards have been trumped by seemingly more important economic theories about free trade.
Unfortunately, I feel that the leaders of Cuba have had adequate time to digest modern economic theories already.
Condorcet later wrote Vie de M. Turgot (1786), a biography which spoke fondly of Turgot and advocated Turgot's economic theories.
They are still devoted to the crackpot economic theories based on market fundamentalism that got us in this mess but which has in truth made the UK a cesspit for the last 30 years.
The economic theories we are practising are hurting too many people and so there is a lot of anger and people are looking for a way to express it.
Robert Skidelsky «s two volume biography is now much in demand from libraries, and in September the author will be publishing Keynes: The Return of the Master (Allen Lane # 20.00) which will consider the man and his economic theories in a modern context.
They talk about sabermetrics in the context of classic economists: «Marx's economic theories are basically sabermetrics,» says Aldama.
The world's central banks may diverge in particular policies, but their outlook is unified by economic theories and monetary practices developed in the United States.
Important ideological conflicts emerged between capitalists and communists on grounds of economic theories and practices.
But Hayek's liberty - defending politics, if not the particulars of his economic theories, grew to prominence with the rise of Milton Friedman, Alan Greenspan, and the Reagan Revolution.
We can't elect another people more suited to our political and economic theories.
Employing what Whitehead called the «fallacy of misplaced concreteness,» and relying at least implicitly on Whitehead's entire organismic worldview, Cobb (with Daly) analyzes the deleterious abstractionism of virtually all modern economic theories.
The collectivist view encourages the ruthlessness of which Heilbroner wrote, liberal society is somewhat restrained by its commitment to individuals, but it has paid a high price for its individualist economic theories.
In 1826 he wrote on the subject of liberal economic theories: «These theories as they are practised have contributed to the growth of material wealth, but have diminished overall satisfaction for the individual;... they tend to render the rich richer and the poor, poorer, more dependent and more miserable.»
All the pro-Rand rants sound more like «devoted» Scientologists defending their fake prophet than sounding like reasonable people discussing the pros and cons of some made - up economic theories.
The transnationalization of capital has defeated all the given economic theories as well.
As for the Pope's economic theories, the Pope by all appearances is an extremely intelligent man but you don't have to be very bright and only moderately observant to understand «trickle down economics» never worked and never will.
Although in the strictest sense I would say that both Romney and Ryan are more interested in worshiping Mammon than the Christian God, based on their economic theories.
This dilemma is far more important as we enter the twenty - first century than economic theories of how to achieve economic growth.
Its political and economic theories based on this individualism are unrealistic and destructive.
Political and economic theories of communism have nothing to do with atheism.
In 2011 some of his students were so fed up with his refusal to include other economic theories in his intro course that they walked out.
According to the «Austrian school», one of the most basic flaws in the QTM and in many other economic theories is the treatment of the economy as an amorphous blob that shifts one way or the other in response to stimuli provided by the government, the central bank, or a vague and unpredictable force called «animal spirits».
According to Australian economist William Mitchell, ``... the Japanese experience with sustained high fiscal deficits, the world's largest public debt to GDP ratio, close to zero interest rates, and deflation, was totally at odds with (neo-liberal) economic theories.
(There are numerous mathematical and economic theories about why Nakamoto chose the number 21 million.)
Does it not enable a test bed for economic theories?
The collapse of the global economic - political paradigm that was fostered and nurtured by neo-classical economic theories built on childish abstracts which failed to embrace the physical and mathematical realities of existence defined by universal laws of matter and energy.
«It seemed a plausible assumption that if we could demonstrate the existence in individuals or organizations of the ability to foretell the elusive fluctuations, either of particular stocks, or of stocks in general, this might lead to the identification of economic theories or statistical practices whose soundness had been established by successful prediction.»
I think there's a real possibility that students all around the world will rise up against their professors and start demanding more realistic economic theories.
Or, as Bentham likes to say, borrowing another phrase from academic economic theory, Shell's challenge is to «minimize the maximum regret.»
Economic theory offers a perfectly reasonable assumption: a higher minimum wage leads to job loss.
We followed up with Stiglitz after the Davos panel, and he told us that Friedman's assertion «was not based on any economic theory
Economic theory does not tell us anything about how much tax and transfer rates should vary as incomes rise.
He has been remarkably faithful to the economic theory he learned in university.
And, what we're trying to gently push back in the book is the economics of the large - scale bundled subscription model that Netflix is pursuing, [where what the] economic theory says is you can profitably make things in a bundle that wouldn't be profitable if you sold them separately.
Conventional economic theory suggests that low unemployment should ultimately lead to upward pressure on wages - but there has been scant evidence of this during the latest squeeze on household finances.
Economic theory suggests that this would prop up prices.
Mackey, a voracious reader, often has seven or eight books going at a time spanning from science fiction to economic theory.
It's a good story, backed by history and sound economic theory.
To them, the oath embodies a radical departure from the tenets of economic theory and the requirements of corporate law.
Economics is supposed to provide mathematical modelling of human behaviour, but the apparent divergence of economic theory from reality in recent years has become a burr under Orrell's saddle.
Last but by no means least, standard economic theory predicts that increased trade will grow the economy but hurt some specific social classes.
Economic theory is most comfortable with fully integrated systems in which prices and flows of goods and services along with real and financial capital responding continuously and completely to market forces.
But the GOP has a specific economic theory that it claims supports the bill and makes the changes it envisions worthwhile.
By varying the monkeys» budgets and the amounts of food they would receive for a disk, the researchers found that the monkeys» behavior was within 1 % of what could be predicted from economic theory.
• Bad economic theory: Greenspan's «oops» moment came when he told Congress he found a flaw in his idea that bank executives would never do anything that would hurt the reputations, never mind the survival, of their institutions.
Yes, you know, according to economic theory and kind of according to intuition.
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