Sentences with phrase «economic theory over»

It expresses the victory of economic theory over political common sense.

Not exact matches

They didn't, because the theory of the Republican tax plan is completely different, namely that cutting corporate tax rates will incentivize more business investment in capital goods, thus spurring higher productivity, more economic growth, and higher wages over the long run.

World - system theory has emerged over the past fifteen years as leading contender with modernization theory.6 As the name suggests, world - system theory emphasizes the larger set of social, economic, and political relations that link societies together.

Fehr's preference for experiment over theory may sound admirably modern, but the value of studies in «behavioural game theory», which try to isolate and replicate purely economic choices, is questionable.

World - system theory, for example, has argued that economic cycles, called Kondrotieff waves, lasting approximately fifty years each, can be identified over and above whatever secular economic trends may be at work.

The present rules were developed as compromises between the advocates of complete «free trade,» the ideal that follows from dominant economic theory, and those who felt that nations should have some control over their own economies.

Piketty has a theory to explain this growing inequality: The economic laws of capitalism favor wealth over labor.

Smith never retracted his earlier reflections about human sympathy and moral philosophy — he kept revising the Theory over the course of his life — and never saw man as motivated exclusively by economic motives narrowly conceived.

It's a very deep topic with many economic theories pertaining to it, but in general, inflation is an increase in the price of goods and services over a period of time.

The presentation of each approach includes an article that helps investors understand the investment theory behind each approach while a list of passing companies illustrates the types of companies that pass a given approach over various market and economic conditions.

In the light of urban environmental transition (UET) theory, this study explores the relationship between carbon dioxide (CO2) emissions, economic growth, urbanization and trade openness using updated Chinese data over the extended period (1971 - 2013).

Poor nutrition is a major determinant of excess morbidity and mortality among Aboriginal and Torres Strait Islander peoples, 1 contributing to over 16 % of the burden of disease.2 In this issue of the Journal (page 549), consistent with the «economics of food choice» theory, 3 Brimblecombe and O'Dea report that the diet of a remote Aboriginal community was high in energy - dense, nutrient - poor foods — the cheapest options to satisfy hunger.4 This energy — cost differential restricts access to healthy food, and helps explain the persistently poor dietary patterns and deplorable health status of remote Indigenous communities.4 Placing nutrition issues in an economic framework highlights the investment required to improve Indigenous nutrition.4 But what has been learned to date about where resources should be directed?

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.