Sentences with phrase «economic theory ignores»

Indeed, economic theory ignores everything to which a monetary value can not be assigned.

Not exact matches

The economic theory, therefore, could ignore natural resources, and, indeed, nature itself.

A still more important factor ignored by Buchanan has been the victory of the standard economic theory that 5 to 7 percent unemployment is needed to prevent inflation.

Traditional growth theory ignores the importance of the «economic web» of connections among various goods and services within an economy.

I ignore economic theory, which isn't very useful.

But if the theory behind the Valuation - Informed Indexing model is on the mark, it is not economic conditions that are causing our troubles — it is the largely ignored reality that we borrowed $ 12 trillion from future investors to pay for the bull markets of the late 1990s and that we now need to pay that money back.

On November 28, the paper told policymakers to ignore science because it could hurt jobs and increase economic hardship «in the name of global warming theories» its editors don't believe are valid.

Using traditional economic theory of discounting, the future impacts can be ignored today.

Our theory has been that the institutions will come back at some point in the future because, with over Three Million people, the Inland Empire is just too large an economic environment to ignore.