Sentences with phrase «traditional economic theory»

They point out that the key assumption behind traditional economic theory is its understanding of the nature of the human person.
The visibility problem is again subtly different to the issues usually traded in traditional economic theories which deal with physical shelves, cost of stocking inventory, and so on.
The application of traditional economic theory weakens existing patterns of social relationships.
Forecasts by the Intergovernmental Panel on Climate Change assume more or less infinite replenishment of coal reserves, in line with traditional economic theory.
«Using traditional economic theory, the combination of bitcoin price and difficulty should balance out to basically return the market to the same position it was immediately prior to halving.
The rhetoric of sustainable development is meaningful to them as it was not Reagan and Bush, who followed the traditional economic theory that the increase of capital enables humanity to deal with problems of resource exhaustion and pollution.
Traditional economic theory could not explain, much less predict, the near collapse of the financial system and its long - lasting effects on the global economy.
The mechanism, according to traditional economic theory, is rising wages and declining unemployment rates.
Traditional economic theory would suggest that higher expected returns must be associated with higher risk, which we believe is accurate.
«Using traditional economic theory, the combination of bitcoin price and difficulty should balance out to basically return the market to the same position it was immediately prior to halving.
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