Sentences with phrase «many 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.
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.
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.
«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.»
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.
His father, a South Korean, also came to the United States for his Ph.D. in math and became a professor of economic theory.
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.
The great depression aka the outbreak of laziness, was before our recent advances in economic theory.
«Lower oil prices have not proven to be as stimulative as economic theory once had it,» said Daniel Yergin, the energy historian and vice chairman of the IHS consultancy.
Economic theory suggests that even a low carbon price, like $ 10 a tonne, will influence decisions for some consumers.
Some Prefatory Remarks to the N.Y.U. Real Estate Institute discussion, Oct. 25, 2001 Economic theory focuses on labor and capital, yet the largest category of tangible assets is not industrial plant and machinery earning profits, but real estate, and its primary objective is to make capital gains.
But both economic theory and history suggest otherwise.
Does it not enable a test bed for economic theories?
The highly educated people who make public policy explain that cheap imports make everyone a winner, according to economic theory.
Is this idea not more aligned with efficient economic theory and the backbone of the laws that our forefathers built our country upon?
Well, if you look at Sweden, reality just confirmed that beloved economic theory.
Economic theory states that as productivity increases at some point products will be in short...
In a break from the House plan, which kept the top marginal income tax rate at the current 39.6 percent, the Senate bill would slightly lower it to 38.5 percent — a win for advocates of supply - side economic theory who argue that a lower top rate will grow the economy.
Like other familiar branches of the economic theory, intermediate microeconomics has both a microeconomic side and a macroeconomic side.
However, should yields rise to a level more consistent with history and economic theory [eg Taylor rule], bond prices could fall a lot.
(There are numerous mathematical and economic theories about why Nakamoto chose the number 21 million.)
Oliver Blanchard's theory or Blanchard macroeconomics is an economic theory not well accepted throughout the economic industry.
A practical and precise thinker, Jaggi has built a career based on the economic theory he learned at Wilfrid Laurier University.
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.
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».
Deals, economic theory goes, are one way.
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 %).
Much like the crony capitalist elite dining in Davos, the fine purveyors of bogus economic theory inhabiting the halls of the Marriner Eccles building are probably a tad bit concerned with the recent rise in rates.
Economic theory that predicts harmful market failures due to the information asymmetries that are present when ordinary investors rely on advisers who are far more expert than them, but highly conflicted
We will explore such questions through the lens of economic theory, apply the concepts in the context of case analyses, and discuss implications for corporate strategy.
As a consequence, knowledge of good economic theory is required to understand what's happening to money and why slower economic progress, or even a prolonged economic contraction, will be an inevitable result.
Richard Cantillon was an Irishman whose respected treatise, «An Essay on Economic Theory,» was first published posthumously in 1755.
It is generally believed by those unfamiliar with economic theory that credit expansion and an increase in the quantity of money in circulation are efficacious means for lowering the rate of interest permanently below the height it would attain on a non-manipulated capital and loan market.
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.
Anyone with rudimentary knowledge of good economic theory can explain why government price controls are a bad idea.
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