Sentences with phrase «economic theories based»

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.

Its political and economic theories based on this individualism are unrealistic and destructive.

The economic theory based on Homo economicus has no place in for any notion of fairness or justice.

But if land in this broad sense has value as an end in itself, then the economic theory based on land as commodity can not be acceptable.

We need to recreate economic theory based on an understanding of what a human being really is and what makes him happy.

Not exact matches

Qualcomm vigorously refuted the premise of the FTC's claims against it, saying that «the complaint is based on a flawed legal theory, a lack of economic support and significant misconceptions about the mobile technology industry.»

We followed up with Stiglitz after the Davos panel, and he told us that Friedman's assertion «was not based on any economic theory.»

Based on Gordon's interpretation of the Kondratieff theory, the current global forecast calls for a long, cold economic winter with a 100 % probability of short - term total chaos.

Economic pundits arguing that the Canadian dollar is overvalued often base their view on the theory of purchasing power parity (PPP), which predicts that international trade eventually leads exchange rates to adjust until a typical basket of consumer goods and services in Canada costs the same as in other countries.

A practical and precise thinker, Jaggi has built a career based on the economic theory he learned at Wilfrid Laurier University.

Self - taught, his management style is based on the strict application of the principles of value management (Graham, Buffet, Peter Lynch, etc.), underpinned by a deep understanding of the Austrian theory of economic cycles.

A large part of the Dollar's strength (beyond «just» the data) post - the election has been based upon this, where if the corporate tax rate were cut to say 20 %, the Dollar would by economic theory have to then appreciate 20 % (and of course too, an additional «tax factor» driving the USD bull - thesis is that a meaningful chunk of $ 2.5 T of profits held overseas by US corporates would be repatriated following a «business friendly» incentive package / one - time cut to the repatriation tax to say 8 - 10 %).

One reason why it is so important to describe real estate behavior in terms of economic theory is that a rising proportion of the economy's industrial investors are behaving more like real estate investors than like the textbook models based on manufacturing.

In his famous book, «The General Theory of Employment, Interest and Money,» Keynes writes, «a large proportion of our positive activities depend on spontaneous optimism rather than on a mathematical expectation, whether moral or hedonistic or economic... if the animal spirits are dimmed and the spontaneous optimism falters, leaving us to depend on nothing but a mathematical expectation, enterprise will fade and die; though fears of loss may have a basis no more reasonable than hopes of profit had before.»

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.

Economic theory is based on a particular view of human beings.

For example, some (ethical or economic) theories based on the satisfaction of preferences assume that preferences can be nonmetrically ordered (e.g., Arrow 9 - 11).

(a) Philosophical preoccupation with the various types of cultural activities on an idealistic basis (Johann Gottfried Herder, G. W. F. Hegel, Johann Gustav Droysen, Hermann Steinthal, Wilhelm Wundt); (b) legal studies (Aemilius Ludwig, Richter, Rudolf Sohm, Otto Gierke); (c) philology and archeology, both stimulated by the romantic movement of the first decades of the nineteenth century; (d) economic theory and history (Karl Marx, Lorenz von Stein, Heinrich von Treitschke, Wilhelm Roscher, Adolf Wagner, Gustav Schmoller, Ferdinand Tonnies); (e) ethnological research (Friedrich Ratzel, Adolf Bastian, Rudolf Steinmetz, Johann Jakob Bachofen, Hermann Steinthal, Richard Thurnwald, Alfred Vierkandt, P. Wilhelm Schmidt), on the one hand; and historical and systematical work in theology (church history, canonical law — Kirchenrecht), systematic theology (Schleiermacher, Richard Rothe), and philosophy of religion, on the other, prepared the way during the nineteenth century for the following era to define the task of a sociology of religion and to organize the material gathered by these pursuits.7 The names of Max Weber, Ernst Troeltsch, Werner Sombart, and Georg Simmel — all students of the above - mentioned older scholars — stand out.

Still, this commitment is sufficiently prominent in the tradition to provide contemporary Buddhists with a basis for protest against the economic theory that the only value of animals is the price humans will pay for them and against the factory farming that this theory supports.

Nevertheless, it was on individual self - interested rationality that his economic theory was based, and the result was increasingly to liberate behavior based on this rationality from community restrictions.

These metaphysical views constitute a large part of the assumptional basis of economic theory.

In them we find clearly articulated such themes as the importance of the communidades de base («grass - roots «Christian groups); Jesus as the liberator from hunger, misery, oppression and ignorance; the refusal to separate Christian sanctification from «temporal» tasks; challenges to capitalism (as well as to Marxism); the theory of «dependency» on inhuman economic systems; the need for liberation from neocolonialism; the need for «conscienticization»; the need for the church to support the downtrodden; the correlation of peace and justice; and the reality of «institutionalized violence.»

There is a systematic effort to develop a theory of law based on the application of economic principles.

If in fact people are not the separate individuals depicted in economic theory, then the theory developed on this basis is distorted.

Classical and neo-classical economic theory, in contrast with Marxist economics, is also based on this atomistic individualism.

To use the technical terms of Marxist theory, the struggle for economic power functions as the base of social reality, while literature and poetry, music, and the arts are part of the «superstructure» that is determined by the base.

He bases his case on historical precedent, but there is substantial economic theory to support him.

By examining 20 + years of betting line data with our proprietary betting trends, we've developed profitable betting strategies based on cutting edge «market efficiency» economic theory.

They have drafted a list of demands which is not necessarily based on an in - depth knowledge of economic theory, but is rooted in personal experience of life in hard economic times.

The economic theory on which this plan is based is highly - contentious and given the continuance of the deterioration in the nation's (and Europe's) finances, it is being challenged by the alternative strategies like never before.

For New Labour, election strategy was based on the insights set out by economist Anthony Downs in his 1957 book An Economic Theory of Democracy.

The latest issue of EPJ Special Topics examines the question as to whether econophysics, a physics - based approach to understanding economic phenomena, is more useful and desirable than conventional economics theories.

Elisabeth Mann Borgese was known worldwide as «The Mother of the Oceans» and dedicated all her life to the understanding of ocean matters, to the development of a constitution for the oceans and to the consideration of the oceans as a «great laboratory for the making of a new international order based on new forms of international cooperation and organisation, on a new economic theory, on a new philosophy».

This course will survey current understanding of the social behavior and decision making of humans and other animals, from psychological, economic, and ethological perspective; the neurobiology of friendship, social connection, and cooperation; the neurobiology of theory of mind and strategic behavior; disorders affecting social decision making and their biological basis; and applications of social neuroscience to business, including marketing, management and organizational design, leadership and team - building, negotiation, and trading.

In this movement, some researchers saw democracy in action as power devolved from the state to local schools, sometimes culminating in outside stakeholder involvement.147 Many contentions about site - based management, community control of schools, community schools, and school choice were based on democratic and communitarian theory.148 Some researchers and policy makers influenced by economic theory have begun to view the relationship between schools and communities differently.

«This book pioneers new ground as the authors move the literature on the marketization of education into a more nuanced analysis of how branding discourses and practices, and the managerialist and neoliberal economic theories they are based on, have entered the logic of public schooling.»

An Empirical Test of Efficiency Wages based on Urban Economic Theory

Whether they are true or false, economic theories and all assessments based on these (such as PISA) determine reality.

In other words, advanced economics is the quantitative analysis of economic models on the basis of parallel growth of theories and measurement.

It is the field of economics which is the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.

But that is based on part business hunch, part economic theory, and I also believe that 95 % of people who try it will fail - so whilst I'm a «zealot for the cause» if I had only one piece of advice for new authors it would be do your research - and from primary sources not secondary ones like my blog or yours.

INVESTMENT PHILOSOPHY García Paramés's management style is based on the strict application of the principles of value investment (Graham, Buffett, etc.), within a framework of a profound knowledge of the Austrian School's theory of economic cycles.

In 1972 Hicks won the Nobel prize for economics on the basis of Value and Capital, on the economic equilibrium theory, in particular the issue of the stability of equilibrium in an economic system exposed to external shocks.

Webster's definition of ideology is: «A system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.»

The talk will provide a critical survey of theories of art's relationship to capitalism (reification, culture industry, commodification, spectacle, incorporation, recuperation and real subsumption) as well as offer an alternative account based on art's «economic exceptionalism» resulting in art's «commodification without commodification».

«Imagine basing a country's energy and economic policy on an incomplete, unproven theory — a theory based entirely on computer models in which one minor variable (CO2) is considered the sole driver for the entire global climate system.»

I also fail to understand how verification and validation is wrong within the context of making economic and societal changes based on a theory.

That's the basis of one of the fundamental flaws in modern economic theory — energy does not equal utility.

HEM is based on well - established economic theory as well as historical data, and contains a variety of modules that interact with each other for long - term forecasting.

But that is a very big gamble, not something we can confidently predict based on economic theory.