Sentences with phrase «real economic actors»

Shiller is also an advocate of behavioral finance, the soft form of which proposes that real economic actors do not act like the agents in Marshallian economic models.

Not exact matches

Government is evil because it restricts the freedom of these actors, and it is the business sector that is to provide for our real, i.e., economic, needs.

So if there is a real, though unquantifiably small, possibility of catastrophic climate change, and if we would ideally want some technological hedges as insurance against this unlikely scenario, and if raising the price of carbon to induce private economic actors to develop the technologies would be an enormously more expensive means of accomplishing this than would be advisable, then what, if anything, should we do about the danger?