«A lot of the retailers don't want to bet
on an economic theory that may or may not play out,» said Scot Ciccarelli, an analyst for RBC Capital Markets.
Justice Thomas in his dissent, joined by Justice Kennedy, characterized Basic as a «judicially invented doctrine based
on an economic theory adopted to ease the burden on plaintiffs bringing claims under an implied cause of action» while highlighting the dissent of Justices White and O'Connor in Basic.
Dr. Michael Tretheway, an expert
on economic theory who gave evidence respecting whether a 1P1F policy would impose any competitive disadvantage on the carriers; and
Out of real - world evidence, Wagner falls back
on economic theory.»
But that is a very big gamble, not something we can confidently predict based
on economic theory.
The argument hinges
on an economic theory called Jevons» Paradox.In 1865, the English economist William Stanley Jevons wrote a book called The Coal Question.
Meanwhile, embedded in the dialogue are about 20 important contemporary art exhibition titles, aesthetic philosophical quotes, as well as titles of books
on economic theory.
One reader asked me: David do you have a Top 10 book list
on Economic Theory for beginners?
I have five news compendia posts coming
on Economic Theory, Macroeconomics, Speculation, Derivatives (yes, Bear, subprime, and more), and Miscellaneous (the grab bag).
«He has written numerous books
on economic theory and practice and he remains a prolific writer in national magazines and newspapers on a broad range of subjects including health policy, economic management, taxation and public spending, transport, pensions, and e-government.
Thanks, Eric G. I'd love to pick your brainz
on economic theory, but this isn't quite the place for that.
How such theory is formulated is important to Christians, but this essay is focused
on economic theory and the consequences of our having transferred our allegiance from political theory to economic theory.
Richard Cantillon was an Irishman whose respected treatise, «An Essay
on Economic Theory,» was first published posthumously in 1755.
A practical and precise thinker, Jaggi has built a career based
on the economic theory he learned at Wilfrid Laurier University.
We followed up with Stiglitz after the Davos panel, and he told us that Friedman's assertion «was not based
on any economic theory.»
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.
Roberts in a podcast elaborates
on the economic theories of Adam Smith and David Ricardo to explain how specialization and trade creates wealth and how radical self - sufficiency leads to poverty.
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.»
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.
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.
«The
theory is that if new industries that are not competitive are subsidized they will eventually mature and be able to function
on their own,» said University of Guelph economist Glenn Fox at a conference last June, citing studies suggesting clean energy policies in Denmark, Germany and Spain are a drag
on economic growth.
In modern
economic science, regressions of wage growth
on tax rates can not be understood as causal without a
theory of the level of tax rates.
This monetarist
theory has guided Russian
economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF
on third world debtor countries.
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.
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.
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.
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.
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
It sprouted as a
theory from National Bureau of
Economic Research (NBER) data on economic cycles dating back
Economic Research (NBER) data
on economic cycles dating back
economic cycles dating back to 1854.
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.
Purchasing Power Parity (PPP) is an
economic theory that estimates the amount of adjustment needed
on the exchange rate between countries in order for the exchange to be equivalent to each currency's purchasing power.
Yet this isn't the first time in the present campaign that the Conservatives themselves have trespassed
on traditional Bank of Canada terrain. On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming economic projections here. Decisions about the use of QE should, in theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions on monetary polic
on traditional Bank of Canada terrain.Â
On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming economic projections here. Decisions about the use of QE should, in theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions on monetary polic
On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming
economic projections here. Decisions about the use of QE should, in
theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions
on monetary polic
on monetary policy.
At a Brookings conference early that year, which focused
on whether the US was ready for the next recession, Clarida said that despite the fact that textbooks and
economic theory suggest forward guidance should not work in practice, it, in fact, does.
U.S. Tightens Security for
Economic Data (NYT) • Investors» 10 Most Common Behavioral Biases (Above The Market) • Yahoo: the challenges facing new boss Marissa Mayer (BBC News) • With Low Supply, Asking Prices Rise for Fifth Straight Month (WSJ) you know my views
on this • Game
Theory and Macroeconomics (Musings of the Sorts) • Government Spending and the Economy (Economix) see also Why is it so hard to raise taxes
on the rich?
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.»
The bishop, who was born in Bromley, Kent, went
on to write Market Whys And Human Wherefores: Thinking Again About Markets, Politics, And People about the deficiencies of
economic theory.
But that power rests to a considerable extent
on the support of the dominant
economic theory.
The
economic theory based
on Homo economicus has no place in for any notion of fairness or justice.
Its political and
economic theories based
on this individualism are unrealistic and destructive.
Economic theory is based
on a particular view of human beings.
But in my concluding comments I will return to
economic theory and practice to consider the implications of my views of being and person for what should go
on in economics.
It is quite apparent,
on even cursory examination, that
economic theory rests
on metaphysical assumptions.
Laudato Si, last week's encyclical from Pope Francis, seeks to address a plethora of problems in the modern world — predominately focusing
on environmental issues, distributive justice, and perceived problems with consensus developmental
economic theory.
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.
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.
When one fully realizes that
economic theory places no value
on personal relationships or human community, one understands why the policies that follow from the
theory end up weakening such relationships and community in general.
However, standard
economic development
theory focused
on increasing productivity, that is, the amount of goods produced per hour of human labor.
We also need to make sure that he is not too well versed
on foreign policy or defense strategy or
economic theory.