| 单词 | economic theory |
| 例句 | Nothing about the micro- or macro- economic theory. Flowers for Algernon 1959-05-01T00:00:00Z The curse of knowledge is far more than a curiosity in economic theory. The Sense of Style 2014-09-04T00:00:00Z To top it off, he develops an economic theory that avoids the extremes of fascism and communism, basically saving capitalism from itself. New & Noteworthy, From Slave Traders to the Savoy Hotel 2021-05-25T04:00:00Z The yawning gap between rich and poor in this country isn't just economic theory or pop psychology. How a SCI-Arc design spoof predicted New York's 'poor doors' 2014-07-21T04:00:00Z However, many have pointed out that Homo economicus — that instinctively self-interested, bartering, trading linchpin of economic theory — is little more than an abstraction. Letters to the Editor 2017-11-10T05:00:00Z It’s neither what businesses themselves say nor what economic theory would dictate as the cause of the current slump—that would be weak demand for their goods and services. We’ve been brainwashed 2012-06-14T17:21:00Z Contrary to economic theory and popular myth, privatisation is inefficient. Tony Judt: A manifesto for a new politics 2010-03-20T00:07:00Z All your experience and economic theory told you that at some point this beast would change--I mean the economic environment. Ford's Unsung Hero 2010-09-09T14:40:00Z In standard economic theory, this kind of unemployment should not exist. Flickonomics: eight movies that teach us how money works 2014-07-15T04:00:00Z A seminal work that will influence the thinking of corporate executives and military planners for decades to come, it suggests how game theory might be applied to both economic theory and the social sciences. Weird suburbia: How atomic bombs and UFOs created modern America 2014-03-16T18:00:00Z This flies in the face of rational economic theory, which holds that people act “to maximize their material self-interest,” McCarthy-Jones writes, and shows how readily people’s feelings about fairness enter into their decisions. ‘Spite’ Looks on the Bright Side of a Dark Feeling 2021-04-20T04:00:00Z He rants about Descartes, human destiny, time’s linearity, Neoplatonism, economic theory, the concertos of Alban Berg. It’s the End of Humanity. Maybe It’s for the Best. 2020-12-01T05:00:00Z After all, Texas textbook standards require that an obsession with the gold standard be taught as a legitimate economic theory instead of the mad ravings of cranks that it is. 11 heinous lies conservatives are teaching America’s school children 2013-03-13T16:34:00Z References to philosophy, mythology, economic theory, film and literature frequently intermingle. Jenny Hval’s lyrics will grab your attention at Kremwerk 2016-11-11T05:00:00Z People have killed, or allowed other people to die, in the name of comparatively technical points in economic theory. When a writer's words have unintended consequences 2011-08-06T15:00:01Z Famously, Hobsbawm loved jazz, an art form that is impossible to reduce to a simple economic theory. Eric Hobsbawm changed how we think about culture 2012-10-02T14:29:06Z In the real world outside economic theory, every business is successful exactly to the extent that it does something others cannot. Why too much choice is stressing us out 2015-10-21T04:00:00Z I have only a superficial knowledge of Keynes's economic theory, but as the biographer of his wife, Lydia Lopokova, I do know about his marriage. Niall Ferguson should know that JM Keynes's marriage was happy – with plenty of sex 2013-05-06T12:13:56Z His last solo show, Fuckonomics – proposing a new economic theory based on our desire for sex – was one of the most intellectually ambitious offerings the fringe has seen in recent years. This week's new live comedy 2013-07-06T05:00:00Z Do-it-yourselfers like Mr. Reetz may not know it, but their tinkering is challenging a deeply entrenched tenet of economic theory: that producers, not consumers, are the ones who innovate. Innovation Far Removed From the Lab 2011-02-10T00:12:30Z Since the 1980s, policies based on discredited neoclassical economic theories have destroyed the worker security that used to ensure social cohesion and stable family life. Love in the time of layoffs 2012-08-03T20:12:00Z And the crime wave continues, in part because of the widespread acceptance of Greenspan’s discredited economic theories. 7 most loathsome commencement speeches 2013-05-31T14:00:00Z We aid workers represented an enclave of economic theory in a sea of actual poverty, the kind that led to daily power failures and perpetually flooded roads. Modern Love: Broken, Not Bound, by an Intimate Tie 2014-03-27T21:54:34Z But life isn't like that; and nor are the frail strands of economic theory we clutch at from crisis to crisis. Capitalism 4.0 by Anatole Kaletsky 2010-07-24T23:25:00Z “Economic Science Fictions” is a lively and deeply strange collection that tries to answer this question by reading science fiction as economic theory, and vice versa. What We’re Reading This Summer 2018-06-20T04:00:00Z And the economist Milton Friedman, whose laissez-faire economic theories were embraced by Margaret Thatcher and Ronald Reagan, is portrayed as a kind of Antichrist foreshadowing the global meltdown of 2008. Review: ‘The Emperor’s New Clothes,’ a Documentary About Income Inequality 2015-12-15T05:00:00Z It’s unclear whether anyone still believes the Republicans' ludicrous economic theories, but plenty of people still embrace the myth that one day they might get to join the billionaires’ club. Joe Biden's economy is, honestly, pretty amazing: How come he doesn't get credit? 2023-11-13T05:00:00Z Which economic theory would have worked best to end the Depression? Right-wing fake history is making a big comeback — but it never went away 2023-11-04T04:00:00Z In your introduction, you refer to "threats masquerading as economic theories." Lies, damned lies and "corporate bulls**t": A consumer's guide to bad-faith arguments 2023-10-29T04:00:00Z That thinking however, runs contrary to traditional economic theory and many central banks around the world hiked interest rates to bring consumer prices under control. Turkey’s central bank opts for another interest rate hike in efforts to curb inflation 2023-10-26T04:00:00Z It makes them forever susceptible to crackpot economic theories, from clinging to the gold standard or arguing that income taxes are unconstitutional. The Donald Trump, George Santos, and SBF fraud cases expose the gullibility of rich conservatives 2023-10-12T04:00:00Z IO: You’re an artist who studied architecture at MIT and took classes on economic theory. Grief has its own abstract language. Tomashi Jackson shows you how 2023-09-29T04:00:00Z A. There’s your standard economic theory, and then there’s the real world. Insider Q&A: Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer 2023-09-04T04:00:00Z Higher interest rates make it more expensive to borrow, with the economic theory being that we will end up spending less, and then prices will not rise as fast. Inflation: Should we trust the Bank of England's forecasts? 2023-08-05T04:00:00Z There’s still a lot of nostalgic appeal and some enlightening economic theory threaded through this film. Review: Colorful and zippy, 'The Beanie Bubble' ultimately feels understuffed 2023-07-30T04:00:00Z The bank started cutting rates in late 2021 in line with Erdogan’s belief that lowering interest rates fights inflation, contradicting traditional economic theory. Turkey raises its key interest rate to 17.5% as orthodox economics return after May’s election 2023-07-20T04:00:00Z “Behavioral economics was developed by incorporating ideas from psychology into standard economic theories,” says Cait Lamberton, a professor of marketing at the University of Pennsylvania’s Wharton School. How behavioral economics can help you save on airfare 2023-07-12T04:00:00Z The economic theory would have said this kind of increase should have material impacts on economic output and employment. Insider Q&A: Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer 2023-09-04T04:00:00Z The peasant class knew nothing of Marxist economic theory and therefore, the new government’s chairman believed, they had no clue what was best for themselves. Dear Fremont: We need to talk about Lenin and your statue of the genocidal tyrant | David Volodzko 2023-07-07T04:00:00Z “This vision is a fundamental break from the economic theory that has failed America’s middle class for decades. It’s called trickle-down economics,” he said in what the White House billed as a major speech. Biden leans into 'Bidenomics' to boost his economic message ahead of 2024 2023-06-28T04:00:00Z Traditional economic theory says just the opposite, and central banks worldwide have rapidly raised rates to combat spikes in consumer prices tied to the rebound from the pandemic and Russia’s invasion of Ukraine. Turkey’s central bank sharply raises interest rates. That could signal an economic turnaround 2023-06-21T04:00:00Z Mr. Erdogan also insisted on repeatedly reducing interest rates, from 19 percent in 2021 to 8.5 percent this year, in defiance of orthodox economic theory and practice, which call for raising rates to control inflation. In Turkey, Erdogan Signals Shift to Conventional Economics 2023-06-22T04:00:00Z Associated economic theories about the ineluctable rise of worldwide free market capitalism took on a similar sheen of invincibility and inevitability. Why It Seems Everything We Knew About the Global Economy Is No Longer True 2023-06-18T04:00:00Z In turn, inspired by liberal economic theories, governments embraced policies of austerity, cutting back the already limited social programs that existed, balancing state budgets, and slashing spending. Western Civilization: A Concise History 2020-01-01T00:00:00Z Contrary to the mainstream economic theory of interest rate increases helping to keep consumer prices in check, Erdogan maintains that high borrowing rates cause inflation. Domestic issues give Turkey’s Erdogan a tough election race 2023-05-11T04:00:00Z But economic theory suggests the only way to resolve this situation is for unemployment to rise. Unemployment fell to 3.5% under Biden. For how much longer? 2023-04-08T04:00:00Z Even as we celebrate individual pieces of legislation that have passed, it is the national reframing of the economic theory of change that undergirds our transformation. Bidenomics: Policies that lift up all Americans | U.S. Rep. Pramila Jayapal 2023-04-07T04:00:00Z “They tried many economic theories, they tried capitalism, they tried socialism, but they didn’t try one thing,” Mr. Smotrich told Mishpacha, a religious magazine. As Israel’s Crises Pile Up, a Far-Right Minister Is a Common Thread 2023-03-31T04:00:00Z Some of these economic theories that are often put out there as to narrow the antitrust laws didn’t exist when Congress wrote the law in 1890, and then again in 1914, and then updated again. BONUS: Hard Fork Live! Big Tech’s Arch Nemesis + Bot or Not? 2023-03-20T04:00:00Z It's all a ruse to confuse the public about the fundamental reality of this situation: Conservative economic theories don't work. The problem with Silicon Valley isn’t "wokeness" — it's libertarianism 2023-03-14T04:00:00Z Women are doing more research in health, labour and education, while men focus on economic theory, macroeconomics and finance. In economics, women's voices still struggle to be heard 2023-03-08T05:00:00Z It is being used to describe hopes for the taming of inflation, without the messiness of rising unemployment or a recession that economic theory predicts. The Uneasy Dance Between the Markets and the Fed 2023-02-17T05:00:00Z "He won't rely on a single model because he knows that economic and price developments are very complex. Rather, he uses economic theories as tools to conduct policy flexibly." BOJ's expected new chief Ueda to let data guide exit timing- ex-staff 2023-02-13T05:00:00Z But the term has its roots in decades of alternative economic theories—known variously as environmental economics, ecological economics, doughnut economics and steady-state economics. How Water Cycles Can Help Prevent Disastrous Floods and Drought 2022-12-21T05:00:00Z What he did not do, however, was explain why MMT fails as an economic theory. Opinion | Mitch Daniels missed the basics of Modern Monetary Theory 2022-11-11T05:00:00Z In free-market economic theory, competition leads to lower costs and more innovative products. Defense-industry competition is dwindling; should we fix that? 2022-10-26T04:00:00Z Liz Truss, the new prime minister, proposed a huge package of tax cuts and spending during a period of already high inflation, when standard economic theory suggests governments should do the opposite. Economists Nervously Eye the Bank of England’s Market Rescue 2022-10-04T04:00:00Z One Tory MP told us: "Kwasi is a clever man but economic theory has just collided with political and market reality." What Tory MPs are saying about Kwasi Kwarteng's future 2022-09-28T04:00:00Z In her Sept. 16 op-ed, “Both parties’ pet economic theories are kaput,” Megan McArdle illustrated the tailspin both political parties have sent our economy into without a realistic plan to drag us out of it. Opinion | We should save before we spend 2022-09-21T04:00:00Z But she was more interested in economic theory. Elizabeth Bailey, Who Helped Deregulate Airlines, Dies at 83 2022-09-09T04:00:00Z But she said the benefits would flow through the economy, echoing the “trickle-down” economic theory once championed by Ronald Reagan. Liz Truss to Replace Boris Johnson at a Time of Crisis for Britain 2022-09-05T04:00:00Z “It’s the economic theory of crime,” said Jair Schmidt, a government environmental analyst who studies law enforcement failings. Deforesters are plundering the Amazon. Brazil is letting them get away with it. The estimating equation in its simplest form specifies salary as a function of various teacher characteristic that economic theory would suggest could affect salary. Introductory Business Statistics 2017-11-29T00:00:00Z “Antitrust is not anti-inflation — quite the opposite, according to economic theory,” Mr. Laffer wrote. Laffer gets off sidelines to fight antitrust bill aimed at reining in Big Tech 2022-07-01T04:00:00Z Basic economic theory teaches that charging what the market can bear will prompt companies to produce more, constraining prices and ensuring that more people have access to the good that’s in short supply. Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply? 2022-06-03T04:00:00Z But this nonfinding was different; perhaps the ultrarich didn’t talk about economic theory because they were practicing “stealth politics,” or actively working behind the scenes to shape government policies. With ‘Stealth Politics,’ Billionaires Make Sure Their Money Talks 2022-04-06T04:00:00Z Once the fed funds rate goes above that, the economy will start to slow, or so economic theory says. How to Endure the Big Decline in Bonds 2022-04-01T04:00:00Z Further the signs of both the price of carnations and income coefficients are positive as would be expected from economic theory. Introductory Business Statistics 2017-11-29T00:00:00Z He believes high interest rates cause inflation though conventional economic theory says the opposite. Turkish central bank doesn’t change rates as inflation soars 2022-03-17T04:00:00Z As you have read, mercantilism was an economic theory practiced in Europe from the 16th to the 18th centuries. World History: Patterns of Interaction 2012-01-01T00:00:00Z He believes inflation is caused by high interest rates, in opposition to established economic theory. Turkey to lower taxes on basic foods to fight high inflation 2022-02-12T05:00:00Z There is nothing in them or any other economic theory I know to suggest that excessive support for demand is anything but counterproductive. Opinion | On inflation, we can learn from the mistakes of the past — or repeat them 2022-02-03T05:00:00Z We are trying to estimate a demand curve, which from economic theory we expect certain variables affect how much of a good we buy. Introductory Business Statistics 2017-11-29T00:00:00Z Erdogan stands strongly against high interest rates, saying they cause inflation, contradicting established economic theory. Turkey’s president appoints new head of statistics agency 2022-01-29T05:00:00Z When demand exceeds supply, basic economic theory suggests that prices will rise. Nigeria's economy: Why people are buying sanitary pads in packs of two 2022-01-16T05:00:00Z In economic theory, technology is almost a magic ingredient that both increases the size of the economic pie and makes nations richer. Economists pin blame on tech for rising inequality 2022-01-13T05:00:00Z But my knowledge of economic theory is nothing. ‘The Lehman Trilogy’ has been a critical standout on Broadway this fall. Its superb cast sheds light on how that happened. 2021-12-24T05:00:00Z We expect these results because that is what is predicted by a hundred years of economic theory and research. Introductory Business Statistics 2017-11-29T00:00:00Z The show takes its name from the political and economic theory of countervailance: the idea that power can be wielded to counter the effect of an opposing force. At the Hirshhorn, Toyin Ojih Odutola’s ‘Countervailing Theory’ will leave you transformed 2021-12-14T05:00:00Z It is a view that runs contrary to conventional economic theory. Turkey cuts interest rates despite spiralling inflation 2021-12-16T05:00:00Z The unemployment rate fell steadily, but counter to economic theory inflation never really budged. Explainer: Economy closes in on Fed's framework goals. How will policymakers react? 2021-12-15T05:00:00Z "This is the first time we're using a model completely beyond economic theory. Even when there were crises we could guess what would happen. Now it's impossible," he said. Why Turkey's currency crash does not worry Erdogan 2021-12-02T05:00:00Z Given the power of the United States compared with the rest of the world, the neoliberal assault, a major experiment in economic theory, had a devastating result. Noam Chomsky discusses the path to a livable future 2021-11-28T05:00:00Z Contrary to traditional economic theory, Erdogan argues that high interest rates cause inflation. Turkish lira plunges 10% after Erdogan defends rate cuts 2021-11-23T05:00:00Z The rate cuts have raised concerns over the bank’s independence from Erdogan, who, contrary to traditional economic theory, argues that steep interest rates cause inflation and has declared himself an “enemy” of high borrowing costs. Turkey again cuts interest rates despite pinch of inflation 2021-11-18T05:00:00Z And he added a turn of phrase to his distinctive rhetorical arsenal: “I am so tired of trickle-down economic theory that I’m trickled out.” Opinion | Democrats avoided defeating themselves. Now they must defeat the plutocratic populists. 2021-11-06T04:00:00Z He led surveys to try to ascertain why inflation, even at moderate levels, frustrated ordinary citizens so much more than economic theory implied it should. Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful. 2021-11-06T04:00:00Z Contrary to traditional economic theory, the president has said steep interest rates cause inflation and has declared himself an “enemy” of high borrowing costs. Turkish lira drops to new low after harsh interest rate cut 2021-10-21T04:00:00Z The CRC’s Mr. Barna said his survey’s questions presumed the traditional definition of Marxism as a political and economic theory of class struggle that seeks a more equitable and fulfilling existence. U.S. adults increasingly accept Marxist views, poll shows 2021-10-06T04:00:00Z It has long been a central tenet of mainstream economic theory that public fears of inflation tend to be self-fulfilling. Nobody Really Knows How the Economy Works. A Fed Paper Is the Latest Sign. 2021-10-01T04:00:00Z Despite her mastery of esoteric economic theories, Yellen has also meshed with a boss known to exhort his advisers to be plain-spoken. Yellen carefully navigates inflation test, challenging skeptics one more time 2021-06-17T04:00:00Z Not just because it is a failed economic theory that was always nonsense, though it is that. Joe Biden turns the tables on Republicans 2021-04-29T04:00:00Z As the pandemic enters its second year, he said, “We want to start using more sophisticated modeling and probably economic theory to inform what an optimal testing program would look like.” Why It Pays to Think Outside the Box on Coronavirus Tests 2021-03-24T04:00:00Z “The law is not the same as economic theory,” he said. Mastercard resists compound interest on $19 billion UK class action 2021-03-25T04:00:00Z More than 1,000 economists have signed a separate letter condemning the article, saying it misuses economic theory "as a cover to legitimize horrific atrocities." Harvard professor ignites uproar over 'comfort women' claims 2021-03-08T05:00:00Z More than 1,000 economists have signed a separate letter condemning the article, saying it misuses economic theory “as a cover to legitimize horrific atrocities.” Harvard professor ignites uproar over ‘comfort women’ claims 2021-03-07T05:00:00Z This was the right thing to do, but the Keynesian economic theory that supports deficit spending during recessions has always been hard for many people to grasp. Biden is the big spender America wants 2021-02-15T05:00:00Z Trade-offs are at the core of economic theory but are also well understood in bioethics and in public health, particularly in prioritizing between improvements in health equity and overall health improvements. What Science Can and Cannot Do in a Time of Pandemic 2021-02-01T05:00:00Z The economic theory is simple: If something becomes more expensive, people will buy less of it. Why It’s So Hard to Cut Waste in Health Care 2021-01-22T05:00:00Z “Trickle down” economic theory was espoused by Mellon, who argued that tax breaks to large corporations would benefit average Americans in the form of jobs. In a divided country, economic direction is no sure thing 2021-01-08T05:00:00Z Smaje threw his research net wide for this book, citing population growth, climate change, conflicting economic theories and outdated politics in concluding the labor-intensive, small-scale agriculture he advocates can work. Review: Why small farms need a reordering of our society 2020-10-27T04:00:00Z “No complicated formulas. No need for a PhD in economic theory to calculate it.” In Montgomery, council structure and property taxes are on the ballot this fall 2020-09-25T04:00:00Z A left-wing critic of neoclassical economic theory, he was a popular professor, and became the first Black scholar to receive tenure in Stanford’s economics department. How Kamala Harris’s Immigrant Parents Found a Home, and Each Other, in a Black Study Group 2020-09-13T04:00:00Z He was the first Black scholar to receive tenure in Stanford’s economics department, and a prominent critic of mainstream economic theory from the left. Kamala Harris’ father, a footnote in her speeches, is a prominent economist 2020-08-20T04:00:00Z It’s fun, but like much applied economic theory, creates a false impression of scientific certainty. Taking Biden from one basement to another 2020-08-20T04:00:00Z This result is arguably the crown jewel of economic theory. C.E.O.s Are Qualified to Make Profits, Not Lead Society 2020-07-24T04:00:00Z Now would be the absolute worst time to enslave our policy options to the failed neoliberal economic theories that helped create this crisis in the first place. Washington state must tax the rich, like me, not slash its budget 2020-06-21T04:00:00Z He developed an economic theory that purportedly explains both the dynamism and the destructiveness of the capitalist economic systems. Opinion | How ‘long economic waves’ could save capitalism 2020-06-14T04:00:00Z In my book, "Troll Nation," I argued that conservatism, as an ideology, has lost the intellectual arguments on every issue of substance, from economic theory to the environment to race relations and gender politics. Trump voters wanted him to stick it to the libs — now the trolling has turned to violence 2020-06-02T04:00:00Z He attended a couple of colleges, reading widely in political and economic theory but without satisfaction. The ‘Profoundly Radical’ Message of Earth Day’s First Organizer 2020-04-20T04:00:00Z The traditional view of economic theory holds that governments and central banks have distinct responsibilities. How the Government Pulls Coronavirus Relief Money Out of Thin Air 2020-04-15T04:00:00Z But the situation is even worse than what economic theory might suggest. The sad state of U.S. and global economic affairs 2020-03-29T04:00:00Z Think of it as a classic case of a trickle-down economic theory on steroids. The Fed, the virus, and inequality 2020-03-14T04:00:00Z Perhaps the most famous economist of his time, the Yale professor is still revered among economics professionals for his brilliant contributions to economic theory. Column: 'Buy when blood is in the streets,' and other maxims from bear markets past 2020-03-13T04:00:00Z The need for an individual mandate is consistent with both economic theory and research and seemed sensible at the time of the survey in 2018. The Health System We’d Have if Economists Ran Things 2020-02-17T05:00:00Z But companies remain reluctant to raise base pay, a step that standard economic theory associates with a tight labor market. Job Growth Gives the Economy an Upbeat Start to the Year 2020-02-07T05:00:00Z But it still wasn’t helping me understand whether I was about to revolutionize economic theory with the Schwartz curve, which posits an inverse relationship between good news and good market returns. It’s a Topsy-Turvy World. Can We Make Some Money From That? 2020-01-17T05:00:00Z The ‘zombies’ of his title are economic theories and policies that should have been killed by evidence, but keep coming back — such as the idea that inequality is necessary for growth. The dangers of fringe economics in government 2020-01-12T05:00:00Z Trickle-down economics isn’t a viable economic theory anymore, but it still applies to gadgets. Here’s what’s next for gadgets in 2020 2020-01-02T05:00:00Z The brief also embraced now-discredited economic theories that mergers between producers and distributors, and business practices such as bundling and retail price maintenance, were good for competition and consumers. Perspective | America’s latest corporate takeover: The Justice Department 2019-12-19T05:00:00Z Roth has revolutionised kidney donation around the world by using an economic theory to make kidneys more available. How an economist helped thousands get a new kidney 2019-12-16T05:00:00Z Conventional economic theory doesn't focus on what people actually care about, they say. 'Why economists get things wrong' 2019-11-18T05:00:00Z In that now-viral video, Warren expounded on her economic theory of income distribution. Warren's brawl with top banker gets worse: 'It really is socialism versus capitalism' says Varney 2019-11-07T05:00:00Z A response by experts at 11 leading universities termed the administration’s analysis “misleading” and “at odds with basic economic theory.” Column: By siding with Trump on emissions, GM, Chrysler and Toyota are asking for industry chaos 2019-10-29T04:00:00Z James Surowiecki wrote of you, in the New Yorker, that “the core principle of Warren’s work is also a cornerstone of economic theory: well-informed consumers make for vigorous competition and efficient markets.” Questions for Elizabeth Warren: Now that you're the frontrunner, we need to talk 2019-10-17T04:00:00Z Twenty years ago, “there was a lot of emphasis on economic theory, and more macroeconomic questions of development,” said Benjamin Olken, an economist at the Massachusetts Institute of Technology. Nobel Economics Prize Goes to Pioneers in Reducing Poverty 2019-10-14T04:00:00Z One, he argues, is the failure of orthodox economic theory, particularly the idea that the economic system tends to equilibrium. When capitalisms collide 2019-10-13T04:00:00Z Behavioral economics arose as a challenge to standard economic theory in the 1970s, offering a counterpoint to the buttoned-up, classical view that portrayed economic activity as the logical outcome of dry, unvarying economic forces. My Brush with Behavioral Economics 2019-09-18T04:00:00Z “If economic theory is about stripping a problem down to its absolute essentials, and from this deriving meaningful insights,” Stavins added by email, “then Weitzman was a master.” Martin Weitzman, environmental economist who emphasized uncertainty, dies at 77 2019-09-04T04:00:00Z Both men had economic theories that defied global trends. Robert Mugabe and the Fate of Democracy in Africa 2019-09-08T04:00:00Z In his Aug. 11 op-ed, “ ‘National conservatism’ is ‘Warren conservatism,’ ” George F. Will accurately criticized the arguments of “national conservatives” such as Tucker Carlson as intellectual patinas to President Trump’s economic theories. Opinion | The rise of ‘national conservatism’ 2019-08-15T04:00:00Z Crucially, while a labor market left alone will seek an efficient equilibrium, economic theory never promises that the equilibrium will be a socially desirable, inclusive one. Opinion | The Communal Power of a Real Job 2019-08-03T04:00:00Z Standard economic theory understands economic exchanges as subject to the laws of the market—dry, predictable, rational. My Brush with Behavioral Economics 2019-09-18T04:00:00Z “Few people in history have revolutionized economic theory like Arthur Laffer,” said Mr. Trump, who argued the economist’s theories ushered in “greater opportunity for all Americans.” Art Laffer, father of ‘supply-side’ economics, awarded Medal of Freedom 2019-06-19T04:00:00Z He is known for his economic theory, the “Laffer Curve,” which establishes that cuts in marginal tax rates spur investment, production, jobs, wages, economic growth, and tax compliance. Trump to award Medal of Freedom to economist Arthur Laffer 2019-05-31T04:00:00Z China’s entry into the world trading system, formalized by its joining the World Trade Organization in December 2001, stands as a perfect test case of classic economic theory — and its limits. With both Iran and China, Trump skates to the edge of going too far 2019-05-17T04:00:00Z Differing state and local minimum wages also subject economic theory to real-world experimentation. Opinion | We don’t need a one-size-fits-all federal minimum wage 2019-05-13T04:00:00Z Behavioral economic theory focuses on those exchanges that do not conform to the standard model. My Brush with Behavioral Economics 2019-09-18T04:00:00Z And when a future winner of the Nobel Prize in economics, James Meade, was looking for an example of a tricky idea in economic theory, he turned to the honeybee for inspiration. What can bees teach economists? 2019-04-02T04:00:00Z But acknowledging this does not require a revolution in economic theory, and it does not license unlimited spending or carelessly adding debt upon debt. Modern Monetary Theory Makes Sense, Up to a Point 2019-03-29T04:00:00Z It matters that Moore’s economic opinions tend to echo Republican talking points while “flying in the face of economic theory.” For the Fed, Trump's personnel troubles reach an alarming new low 2019-03-29T04:00:00Z “So your action creates an external-to-you cost. Price it, and in economic theory an optimal outcome is reached. Or at least you get a step closer.” Why congestion pricing can save cities from their worst possible future 2019-03-29T04:00:00Z According to standard economic theory, the “value” of the ticket should be roughly the same whether we are buying it or selling it; but sometimes it is not. My Brush with Behavioral Economics 2019-09-18T04:00:00Z Then again, boiling economics down to a pocketbook issue like popcorn may help consumers understand the underlying economic theory. Another Role for Construction Cranes: Economic Indicator 2019-03-19T04:00:00Z Economists are debating whether rising wages and low unemployment figures still translate into higher inflation as orthodox economic theory assumes. U.S. inflation forecasts decline, supporting rate-hike holiday 2019-03-11T04:00:00Z Gates also took exception to “modern monetary theory,” which is an economic theory with growing prominence on the policy teams of Ocasio-Cortez, Bernie Sanders, and others. Bill Gates says tax policies like Alexandria Ocasio-Cortez’s are ‘missing the picture’ 2019-02-12T05:00:00Z An earlier version of this fact check referred to economic theory, not the CBO incidence analysis. Analysis | Ocasio-Cortez’s misfired facts on living wage and minimum wage 2019-01-24T05:00:00Z But the idea that making cars cheaper will lead to fewer cars on the road is, as the experts put it, “simply inconsistent with basic economic theory.” The EPA airbrushed away 6 million cars to make your gas mileage worse 2018-12-15T05:00:00Z After all, economic theory — the “efficient market theory” — would have us believe that the previous level of stock prices reflected a valuation by millions of sophisticated investors based on all the available data. Perspective | The hard truth for investors: Stocks fall because they fall 2018-12-06T05:00:00Z Sentelle added that the government had to present evidence beyond economic theories to show that the merger would substantially lessen competition. It’s not looking great for the Justice Department’s appeal of the AT&T-Time Warner merger 2018-12-06T05:00:00Z He also said a government economic theory central to the case was worse than a Rube Goldberg contraption. Appeals Court to Consider AT&T’s Deal for Time Warner 2018-12-05T05:00:00Z But since Bolsonaro is a recent convert to liberal economic theory, some observers wonder how long and how closely he will hew to these principles. 3 things to know about Brazil's presidential candidates 2018-10-27T04:00:00Z The more we learn about how people really think, the more we must rethink economic theory. Why Our Beliefs Don’t Predict Much About the Economy 2018-10-12T04:00:00Z According to basic economic theory, businesspeople should look at this chaos and realize it is unsustainable. Will Trumponomics Collapse? 2018-10-12T04:00:00Z Last year's winner was the behavioral economist Richard Thaler, who was recognized for his work demonstrating that people are predictably irrational — that human behavior defies economic theory in ways that are both consistent and foreseeable. Nobel in Economics to Be Awarded, and Big Banks Begin Reporting Earnings 2018-10-07T04:00:00Z Most economists will tell you that what you need is an ahistorical economic theory. Why most narrative history is wrong 2018-10-07T04:00:00Z Mercantilism, the dominant economic theory of the early modern period, held that hunger incentivized work and kept wages low. Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not. 2018-09-11T04:00:00Z “The economic theory underpinning Gallagher has proven a bit wobbly over time,” Miller explains in an article for CompleteColorado.com. Colorado Editorial Roundup 2018-09-12T04:00:00Z What is hardly realised, even today, is that the rhetoric supporting this policy of deficit-cutting in a slump gets almost no support from economic theory. Ten years on from the crash, we need to get ready for another one | Robert Skidelsky 2018-09-12T04:00:00Z While some are reluctant to admit it, the current performance is a result of policies that basic economic theory tells us will increase investment and hiring. Opinion | The Good Times Can Roll On 2018-08-23T04:00:00Z Classical economic theory does not, however, always work in practice, and the rules require all nations to sing from the same hymn sheet. Is free trade always the answer? 2018-08-13T04:00:00Z He says higher interest rates lead to higher inflation, the opposite of what standard economic theory says. Turmoil in Turkey sends US and European stocks sharply lower 2018-08-10T04:00:00Z History and economic theory prove that free trade is the path to growth and protectionism the path to decline. What Will Convince Trump on Trade? 2018-08-01T04:00:00Z They win because they talk economics, not economic theory, and they avoid sounding radical. Democrats should move to the center — of the country 2018-07-27T04:00:00Z “In China we believe in Keynesian economics,” said Mr. Zhang, the Jinfuzi chief executive, referring to the economic theory that favors a bigger role for government. Latest Sign of China’s Slowdown: A Technology Cash Crunch 2018-07-16T04:00:00Z What he produced, instead, was a 172-page hatchet job that was selective and biased in its use of the evidence, stubbornly hidebound in its analysis and ignorant of economic theory and business practice. Perspective | How Judge Leon blew it with U.S. v AT&T 2018-06-15T04:00:00Z Among other things, Centola says, that 25 percent figure refutes a century of economic theory. The 25% Revolution--How Big Does a Minority Have to Be to Reshape Society? 2018-06-08T04:00:00Z Its forward momentum is less the product of any sophisticated economic theory or partisan policy than the pragmatic rebuilding of purchasing power and confidence. Opinion | Why the economy is roaring 2018-06-03T04:00:00Z But translating a grand economic theory into workable policy is far from easy. Money for nothing: the truth about universal basic income 2018-05-29T04:00:00Z Apparently, a university’s lack of ideological diversity is a problem for liberals only when the school is promoting “radical economic theories” such as free-market capitalism. Opinion | Charles Koch and ideological diversity on campus 2018-05-18T04:00:00Z Though U.S. interest rates are often lower than foreign interest rates, economic theory says borrowing in dollars should not be cheaper because currency changes eventually eliminate any such advantage. In a Dollarized World, a Rising Dollar Spells Pain 2018-05-09T04:00:00Z Showing - once again - at the expense of the little guy, that there is no trickle down in that well dis-proven economic theory that the GOP continues to want us to buy into. U.S. Economy Grew by 2.3% in First Quarter, Easing Slightly 2018-04-27T04:00:00Z That’s why the most basic economic theories predict overall losses from trade wars. Why the U.S. can’t count on winning a trade war with China 2018-04-06T04:00:00Z The problem is that in the case of Facebook—and perhaps of other digital giants as well—none of the above dynamics work as the idealized marketplace of economic theory suggests it should. Perspective | Facebook gathered us all together — and then set a four-alarm dumpster fire 2018-03-30T04:00:00Z Standard economic theories suggest buybacks would occur whether or not the tax cuts succeed at stimulating investment. How to Think About Corporate Tax Cuts 2018-03-30T04:00:00Z Standard economic theory holds that tariffs dent the economy whenever they come since the higher prices they usher in hurt consumers more than they benefit domestic producers. Donald and Jerome’s Excellent Economic Adventure 2018-03-25T04:00:00Z In 1951, he earned a master’s degree at the University of Chicago’s Graduate School of Business, where one of his mentors was Milton Friedman, a leading advocate of free-market economic theory. Peter G. Peterson, financier who warned of rising national debt, dies at 91 2018-03-20T04:00:00Z The Trump administration already is putting its economic theories to the test, tightening immigration at a time of historically low unemployment. Trump says American workers are hurt by immigration. But after ICE raided this Texas town, they never showed up. 2018-03-04T05:00:00Z It was the moment many of his advisers had long feared would occur when he grew tired of talking points and economic theory and decided to do things his way. Trump thrives on chaos; White House staff pays the price 2018-03-01T05:00:00Z But he bashed the “trickle-down” economic theory of then-President Ronald Reagan and said that “the values that thrive in the Democratic party are near and dear to my heart.” Aerospace engineer and ‘clean energy warrior’ eyes Texas congressional seat 2018-02-27T05:00:00Z Reback has been known to call other lawyers late at night and leave long, obsessively detailed voice mail messages about legal arguments and economic theories. The Case Against Google 2018-02-20T05:00:00Z But what's with the "young" part, which brings to mind turbulent emotional dramas rather than trenchant economic theory? 'The Young Karl Marx' explores the unexpected early days of a revolutionary historical figure 2018-02-22T05:00:00Z This is not the kind of economy proposed by classical economic theory. Big Profits Drove a Stock Boom. Did the Economy Pay a Price? 2018-02-13T05:00:00Z Until reason, ethics, and a sound economic theory return to the White House and Congress, the skies will continue to darken in just about every way. Opinion | The Republicans Have Become the Party of Debt 2018-02-10T05:00:00Z That’s because in standard economic theory, labor market conditions dictate employee compensation levels, not cash flow or profitability. Trump Tax Cuts and the Economy: Time Will Tell, Maybe 2018-02-01T05:00:00Z “This is on the other side called ‘the trickle-down economic theory’ obviously. Rep. Dave Reichert talks about immigration, tax cuts, Donald Trump — and his plans after leaving Congress 2018-01-27T05:00:00Z The idea that tax cuts stimulate growth is not a sound economic theory. Bonuses Aside, Tax Law’s Trickle-Down Impact Not Yet Clear 2018-01-22T05:00:00Z First and foremost, “Xiconomics,” as Mr. Xi’s economic theory is known, means strengthening the Communist Party’s clout. China Sends Mixed Messages About Economic Policies 2018-01-22T05:00:00Z Underlying this is an economic theory known as loss aversion, which states that “losing hurts almost twice as much as winning,” Mr. Dhar said. The Strangely Effective (and Easy) Way to Win a Bidding War 2018-01-18T05:00:00Z Trump surrogates bent over backwards on the Sunday shows to argue that the middle class will benefit because of trickle-down economic theory. Analysis | The Daily 202: Trump risks losing what’s left of his populist street cred with GOP tax bill 2017-12-18T05:00:00Z Indeed, their last presidential candidate breezily dismissed the centrality of the economic concerns to African Americans with the claim: “Not everything’s about an economic theory, right?” The key takeaways from Doug Jones's victory in Alabama | Corey Robin 2017-12-16T05:00:00Z Low unemployment doesn't always lead to higher pay, which is what conventional economic theory would suggest. The economic lessons Japan can teach the West 2017-11-29T05:00:00Z Neither economic theory nor recent experience suggests there is anything novel about the antitrust theory underlying the government’s position. AT&T and the Danger of ‘Vertical Integration’ 2017-11-27T05:00:00Z This is belied not only by economic theory but by history. Opinion | Tax cuts are worse than unwarranted. They’re dangerous. 2017-10-27T04:00:00Z But the more I delved into economic theory, the more I began to question whether people like Shannon were really “the few.” Finding My Rosie the Riveter 2017-10-23T04:00:00Z Q. A longstanding economic theory, known as the Phillips Curve, is that inflation increases as unemployment declines. Fed’s Williams Says Economy Is Stronger Than It Looks 2017-10-17T04:00:00Z Standard economic theory assumes people act rationally: Workers, left to their own devices, should save and invest properly to meet their long-term goals. Thank Nobel Prize winner Richard Thaler for your retirement savings 2017-10-14T04:00:00Z NOT long ago, the starting assumption of any economic theory was that humans are rational actors who maximise their utility. The Nobel in economics rewards a pioneer of “nudges” 2017-10-09T04:00:00Z “Not everything is about an economic theory, right?” Intersectional-what? Feminism's problem with jargon is that any idiot can pick it up and have a go 2017-09-30T04:00:00Z In his final essay, he suggests that it's time to retire the belief, widespread in mainstream economic theory, that "rational self-interest" is the prime motivation of economic agents. 'India economists must listen to activists' 2017-09-28T04:00:00Z “Senator Taft,” Reuther said at another point, “that is the same kind of economic theory that we practiced under Harding and under Coolidge and under Hoover.” Opinion | American workers will catch on to Trump’s con 2017-09-03T04:00:00Z While there, Samuelson revolutionised economics, bringing mathematical methods from the fringe to the centre of economic theory. The life of Samuelson 2017-08-31T04:00:00Z Thoughtful economists do not find such behavior “peculiar” but rather use basic economic theory to explain it in terms a little less simplistic than those Ms. Milkman put into the mouths of her garden-variety economist. Opinion | Add human decency into the economic equation 2017-08-30T04:00:00Z Orthodox economic theory dictates that the expected value — the product of the probability of winning, times the prize — determines the value of a lottery ticket. Powerball: Somebody’s gotta win, eventually 2017-08-23T04:00:00Z But it also defies the economic theory about why tax cuts might be advantageous for the economy. Will the Republican Tax Bill Be Aimed at the Economic Past, or the Future? 2017-08-25T04:00:00Z Here too, the economic theory may, eventually, be proved right after all. Is the wages puzzle getting less puzzling? - BBC News 2017-08-16T04:00:00Z Eventually, economic theory predicts a cycle, as more expensive foreign goods increase prices and inflation in the US, prompting the Fed to raise rates - which ultimately boosts the dollar. Why is the US dollar falling? - BBC News 2017-08-11T04:00:00Z The challenge is to avoid getting caught up in abstract corporate strategies or ponderous economic theories. Meet the Graduates of Walmart Academy 2017-08-08T04:00:00Z Newell, 54, wields a detached, matter-of-fact tone as he moves comfortably between analysis of video games and social and economic theory. Freewheeling Valve churns out big video-game bucks despite some growing pains 2017-08-03T04:00:00Z “As a matter of policy, none of these measures, on any plausible economic theory, would result in improving the circumstances of U.S. workers, addressing inequality, or the socioeconomic challenges specific to the U.S. heartland.” Senate Democrats Seek to Outdo Trump on Trade 2017-08-02T04:00:00Z There is nothing in economic theory that makes it inevitable that successful disrupters will be disrupted. Perspective | Is Amazon getting too big? 2017-07-28T04:00:00Z In economic theory, very often, you believe what you want to believe – and as with any act of faith, your choice of heads or tails will as likely reflect sentimental predisposition as scientific assessment. How economics became a religion | John Rapley 2017-07-11T04:00:00Z The former governor of Texas was responding to a question about the current popularity of shale gas, but he seemed to reference a 19th century economic theory to explain the boom. “Here’s a little economics lesson”: Rick Perry fails to explain supply and demand 2017-07-07T04:00:00Z Standard economic theory predicts that employers will reduce their demand for labor given a higher wage. Lessons from Seattle’s courageous minimum-wage experiment 2017-06-28T04:00:00Z The governor was advised by Arthur Laffer, the economist who inspired Ronald Reagan’s “trickle-down” economic theory. Kansas abandons massive tax cuts that provided model for Trump's plan 2017-06-07T04:00:00Z But reality has turned out differently from economic theory. Analysis | How a little Trump bullying may steer the global economy from another meltdown 2017-05-18T04:00:00Z Like the Christian who attends church but doesn’t always keep the commandments, we behave as economic theory predicts only when it suits us. How economics became a religion | John Rapley 2017-07-11T04:00:00Z Laffer blames politics and timidity rather than economic theory for Kansas’s woes. 'We are a cautionary tale': Kansas feels the pain of massive Trump-style tax cuts 2017-05-15T04:00:00Z Over the past week, Trump spun inaccuracies on trade, taxes and economic theory, with a shoot-from-the-hip style that has become familiar. AP FACT CHECK: Searching for truth in Trump-FBI tumult 2017-05-13T04:00:00Z Far from being a Trump-coined neologism, priming the pump has a long history in economic theory and was in widespread use by the 1930s. Did Trump really invent the term 'prime the pump'? - BBC News 2017-05-11T04:00:00Z In Keynesian economic theory, the strategy makes the most sense when there are underutilized economic resources to be tapped, such as during a recession or depression. Priming the Pump: The Economic Metaphor Trump ‘Came Up With’ 2017-05-11T04:00:00Z The movement has produced books, essays, journals, manifestos, blogs, social media battles – and cryptic, almost unclassifiable communiques combining dystopian fiction with a dizzying range of political, cultural and economic theory. Accelerationism: how a fringe philosophy predicted the future we live in 2017-05-11T04:00:00Z But that assumption — which turns out to be the foundation of most modern economic theory — is wrong. Yes, Numbers Matter in Money Decisions, but So Do Emotions 2017-05-08T04:00:00Z This is just my personal opinion, but I don't think we'll see historical economic theories hold up well in the near to mid future. The Big Question for the U.S. Economy: How Much Room Is There to Grow? 2017-02-24T05:00:00Z I think that JW's assumption anchors much of the mistaken economic theory of the past several decades, even among liberal economists. The Economy May Be Stuck in a Near-Zero World 2017-04-07T04:00:00Z One of the most influential thinkers in economic theory. Kenneth J. Arrow (1921-2017) : Nature : Nature Research 2017-03-28T04:00:00Z According to prevailing economic theory, linking markets together should promote trading, smooth financial flows and lower the overall cost of reducing emissions. Don't link carbon markets 2017-03-20T04:00:00Z Another farm state Republican, Senator Ben Sasse of Nebraska, this week celebrated the 200th anniversary of the publication of David Ricardo’s economic theory of comparative advantage, which shows that trade between two nations benefits both. Trump Is Off to a Slow Start on Trade Promises 2017-02-24T05:00:00Z He used his statistical and mathematical background to develop theorems that better explained holes in economic theory that had not been well defined or, in some circumstances, discovered. Kenneth Arrow, Nobel laureate and seminal economist with wide impact, dies at 95 2017-02-21T05:00:00Z Now, economic theory tell us that this should send the dollar up enough that importers wouldn't be any worse off than they are now. Analysis | Republicans’ dream of tax reform is in big trouble 2017-02-22T05:00:00Z This healthy attitude to theory was reinforced by his extensive knowledge of the history of economic theory — particularly the works of the Scottish founding father of economics, Adam Smith, and his followers. Kenneth J. Arrow (1921-2017) : Nature : Nature Research 2017-03-28T04:00:00Z All in all, economic theory suggests that a stronger dollar would offset the additional cost to American importers and consumers. Trump elevates border-tax idea, but also the political and legal challenges 2017-01-27T05:00:00Z Essentially, moving to this system means betting on a “textbook economic theory,” as analysts at Evercore ISI put it, becoming a reality even though the effect hasn’t been tested in practice. The Major Potential Impact of a Corporate Tax Overhaul 2017-01-07T05:00:00Z Dr. Arrow helped transform economic theory into a mathematical science. Kenneth Arrow, Nobel laureate and seminal economist with wide impact, dies at 95 2017-02-21T05:00:00Z Vaughan was a student of Smith’s economic theory and he used that knowledge to recommend a novel relationship between Britain and the newly-independent America. How Free Trade Changed the Enlightenment World 2016-12-12T05:00:00Z Conservatives have contorted this economic theory into the belief that all tax reductions are beneficial. At least four kinds of terrorism target our grandchildren — none are what Donald Trump would have you think 2016-12-03T05:00:00Z A challenge for Republicans is navigating the tension between economic theories that emphasize lower tax rates and the fact that the income tax burden is concentrated at the top of the income distribution. Trump’s Treasury Choice Says ‘No Absolute Tax Cut’ for the Wealthy 2016-11-30T05:00:00Z For all his political skills, Mr. Castro pushed oddball economic theories during his long tenure. Fidel Castro, Cuba Revolutionary, Dies at 90 2016-11-26T05:00:00Z “It’s the ABCs of economics and economic theory.” Kenneth Arrow, Nobel laureate and seminal economist with wide impact, dies at 95 2017-02-21T05:00:00Z A writer on feminist economic theory, she worked in the 1990s and early 2000s at the Institute for Women’s Policy Research in Washington. Washington-area obituaries of note 2016-11-16T05:00:00Z As legal scholar Amy Monahan points out, the idea that pension formulas are inviolate arose from court rulings - not the Legislature - and “is inconsistent with both contract and economic theory.” California Editorial Roundup 2016-11-23T05:00:00Z Japan’s central bank is proving to be deep in the realm of experimental policy, going beyond classic economic theory. Bank of Japan Keeps Rates Ready for Something Bigger 2016-11-17T05:00:00Z And some economic theories even attribute recessions to a great vacation — a sudden decrease in willingness to work. Want more startups? Build a better safety net 2016-10-29T04:00:00Z There are economic theories that daze and confuse, thanks to their opacity. As Europe and Asia Hoard Cash, Economists See Echoes of Crisis 2016-10-24T04:00:00Z Apparently this type of work isn't adhering to the economic theory. Wages for Home Care Aides Lag as Demand Grows 2016-09-23T04:00:00Z But Greider’s work was flawed because he pushed his reporting through a meat grinder of questionable economic theories. Alan Greenspan: from hero to antihero, from maestro to villain 2016-10-13T04:00:00Z They included the compulsory modules of Mao Zedong thought and Deng Xiaoping economic theory, which were introduced in 1991 as part of a patriotic education campaign. Is China’s gaokao the world’s toughest school exam? | Alec Ash 2016-10-12T04:00:00Z Take the "white" out of "white nationalism," and you'd have an economic theory that most working class whites, bigots or not, could back. Trump's Trade Fantasy 2016-10-05T04:00:00Z It might seem strange that a supposed billionaire would be wedded to discredited economic theories. Donald Trump Is an Economic Birther Too—And That's Even Scarier 2016-10-03T04:00:00Z I'm generally confused by this article; if demand for home care workers continues to rise then pay will also increase - does this author not understand even the most rudimentary economic theory? Wages for Home Care Aides Lag as Demand Grows 2016-09-23T04:00:00Z Whether you live in Mongolia, New Zealand or Bolivia, your daily routines and economic fortunes depend on the same economic theories, the same corporations and banks, and the same currents of capital. Isis is as much an offshoot of our global civilisation as Google 2016-09-09T04:00:00Z The bishop, who was born in Bromley in south London went on to write Market Whys And Human Wherefores: Thinking Again About Markets, Politics, And People about the deficiencies of economic theory. 'Unbelieving' former Durham bishop Dr David Jenkins dies - BBC News 2016-09-04T04:00:00Z Most other research finds that immigrant flows harm at least some workers, as economic theory usually predicts they should when immigration changes the balance of skills in an economy. Wage war 2016-08-25T04:00:00Z According to economic theory, the neutral rate reconciles the eagerness to invest and the willingness to save when the economy is in full bloom. The Jackson four 2016-08-25T04:00:00Z The CEO of Whole Foods Market says socialism is a fundamentally flawed economic theory that never has worked and never will. John Mackey, Whole Foods CEO: Socialism ‘never has worked’ and ‘never will’ 2016-08-15T04:00:00Z That is because textbook economic theory says that openness to international trade increases a nation’s overall prosperity, but it also says that some people gain and others lose. Why Voters Don’t Buy It When Economists Say Global Trade Is Good 2016-07-29T04:00:00Z But in recent months, as economic populism sweeps the American electorate on both the right and the left, Republican and Democratic lawmakers are giving this thirty-year-old economic theory a second look. Why Bigness Became a Bipartisan Cause on Capitol Hill 2016-07-05T04:00:00Z Price gouging in the US starts with economic theories of this kind. Low Prices for Vaccines Can Come at a Great Cost 2016-06-27T04:00:00Z According to classical economic theory, this shouldn't be the case. They’re some of the unluckiest places in America — and may confirm what’s wrong with the economy 2016-06-23T04:00:00Z First, too many of our representatives in Washington are in the grips of a failed economic theory called trickle down economics. Read Hillary Clinton's Speech Attacking Donald Trump's Economic Policies 2016-06-22T04:00:00Z Yet those economists backing exit deal with the same economic theories. U.K. Conservatives Face Off Over Trade, Prospects In and Out of the EU 2016-06-17T04:00:00Z That kind of unilateral trade liberalisation does find some support in economic theory, but it tends to be politically difficult. Uncertainty for UK trade outside EU, says WTO chief - BBC News 2016-06-07T04:00:00Z But there is a tension between Harsanyi’s view of the electorate and free-market economic theory, to which we believe he also subscribes. The Troll Booth 2016-05-23T04:00:00Z But given the glaring discrepancy between economic theory and practice, perhaps it’s time to revise that view. Xi’s Economy Gets Stuck in Theory Stage 2016-05-17T04:00:00Z But economic theory about the incentives for disclosure suggests that voters may reach the opposite conclusion. What We Can Learn From Donald Trump’s Unreleased Tax Returns 2016-05-11T04:00:00Z Construction and support services giant Interserve is another firm looking at the circular economic theory to transform the way it does business. The firms planning on making less and recycling more - BBC News 2016-05-10T04:00:00Z Here's some data on that particular economic theory and a thorough discussion between very qualified economists on its validity. The Economy Is Rigged, and Other Presidential Campaign Myths 2016-05-06T04:00:00Z Around-the-clock connectivity that allowed researchers and entrepreneurs to collaborate from anywhere at any time meant that distance would no longer be an issue, predicted popular economic theory of the early 2000s. Collaboration: The geography of discovery : Nature : Nature Publishing Group 2016-05-03T04:00:00Z When laissez-faire economics led to catastrophe in 1929, Keynes devised a comprehensive economic theory to replace it. Neoliberalism – the ideology at the root of all our problems 2016-04-15T04:00:00Z We seem to latch onto economic theories that always favor the business and shareholder interests. The Era of Free Trade Might Be Over. That’s a Good Thing. 2016-03-14T04:00:00Z As part of her training at the University of Delaware and through courses offered by the Council for Economic Education, Ms. Higgins learned how to teach economic theory to children. Could You Pass Sixth Grade Economics? 2016-03-01T05:00:00Z EU is caught by the wrong economic theory. China’s Excess Production Has Intensified Slowdown, Business Group Says 2016-02-22T05:00:00Z "Not everything is about an economic theory, right?" Many young Latino voters in Nevada bet on Sanders while their parents back Clinton 2016-02-17T05:00:00Z “Not everything is about an economic theory,” she said, echoing a new attack ad portraying Sanders as a one-issue candidate. 'Not just a protest candidate': Sanders draws thousands to Las Vegas rally 2016-02-14T05:00:00Z New research involving a natural experiment in West Africa suggests that it does not—and that conventional economic theories of corruption are wrong. The wages of sin 2016-01-28T05:00:00Z US needs to stop being the expert on economic theories, plans and policies for the world. Can U.S. Remain an Island of Stability in the Global Economy? 2016-01-07T05:00:00Z The IMF, for instance, relies on a global model, built in part on economic theory and in part on data analysis. A mean feat 2016-01-07T05:00:00Z And there’s nothing in free-market economic theory that precludes government support. The Conservative Case for Solar Subsidies 2016-01-05T05:00:00Z Traditional economic theory holds that inflation picks up when unemployment falls, as workers gain more leverage to demand higher pay. What if saving the economy was the easy part? 2015-12-23T05:00:00Z There are reasons to doubt conventional economic theory. Janet Yellen: An orthodox economist for unorthodox times 2015-12-15T05:00:00Z In presenting the prize, the Royal Swedish Academy of Sciences cited both men “for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.” Douglass C. North, Nobel Laureate Economist, Dies at 95 2015-11-24T05:00:00Z In terms of economic theory, labour-saving technology has two impacts: a displacement effect and compensation effect. Were the Luddites right about technology and jobs? - BBC News 2015-11-13T05:00:00Z Members of this group preached the minimalism of Austrian economic theory and argued that the Federal Reserve imposed a hidden tax by devaluing the money in circulation every time it issued new currency. Rand Paul Rode Tea Party Fervor to Washington, Then Yielded 2015-11-04T05:00:00Z Normal economic theory suggests that higher prices go hand in hand with a diminishing supply. Editorials from around Oregon 2015-11-02T05:00:00Z Ms. Yellen acknowledged in the speech that despite the long-held economic theory, the connection between the unemployment rate and inflation was tenuous. The Fed Strives for a Clear Signal on Interest Rates 2015-10-27T04:00:00Z Between philosophical debates on economic theory, there are tender stories about Koch patriarch Fred and about family losses. How Charles Koch Made His Billions 2015-10-13T04:00:00Z These tools reimagine the role of economic theory, using it to organize and interpret the tidal wave of data coming from the hundreds of household surveys conducted around the world each year. Why Angus Deaton Deserved the Economics Nobel Prize 2015-10-12T04:00:00Z More specifically, the organisation said he had made an impact on economic theory, and on the practical application of data to investigate poverty, and devise economic policy. The work of Nobel prize-winning economist Angus Deaton - BBC News 2015-10-12T04:00:00Z The Cadillac tax would reduce that incentive, and, economic theory predicts, raise wages over time as compensation packages shift. Why does Clinton want to lose jobs and lower wages? 2015-10-09T04:00:00Z One of the basic implications of mainstream economic theory is that public policy works best when people are treated as rational decision makers. Behaviorists Show the U.S. How to Improve Government Operations 2015-09-29T04:00:00Z And these days this is justified by economic theory, he says. Part of Corbyn's speech 'first written for Miliband four years ago' - Politics live 2015-09-29T04:00:00Z Yet for all the power that modern statistics brings, Mr. Deaton has argued forcefully that it is neither a panacea nor a substitute for economic theory. Why Angus Deaton Deserved the Economics Nobel Prize 2015-10-12T04:00:00Z "From an economic theory point of view, it's very attractive," says Cullinane. Eight radical taxes that have been floated - BBC News 2015-09-29T04:00:00Z Accepted economic theory about the efficiency of markets teaches us that’s practically impossible. How to ruin your financial life, #badadvice 2015-09-11T04:00:00Z CAPITALISM: Francis has been accused by some U.S. conservative commentators of Marxist sympathies given his frequent denunciations of economic systems that "idolize" money over people and the failings of the trickle-down economic theory. A primer on where pope stands on key issues like gays, divorce, climate and immigration 2015-09-01T04:00:00Z And these days this is justified by economic theory, he says. Part of Corbyn's speech 'first written for Miliband four years ago' - Politics live 2015-09-29T04:00:00Z The spending hasn’t spurred significant growth; nor has the debt load driven up government borrowing costs, as economic theory suggests it would. U.S. Lacks Ammo for Next Economic Crisis 2015-08-18T04:00:00Z Yet our politicians won’t support a gas tax to finance our crumbling roads, reflecting their constituents’ myopic desires, even if the result runs counter to economic theory. Don't Tax Broadband In Order To Subsidize It 2015-08-13T04:00:00Z "If you look at economic theory and history, technology does not impoverish people,” said Silvers from the AFL-CIO. “Unjust social and political arrangements impoverish people." Democrats think they’ve figured out how to turn the Uber wars to their advantage 2015-08-12T04:00:00Z At best, suggestions of bias in economic theory got lip service. America’s inequality crisis is about so much more than money: The ugly realities that elude our politicians 2015-08-05T04:00:00Z Despite this challenge, economic theory offers the critical guidepost and shapes the analysis that supports winning and profitability. What’s the market retail price for a soccer player? 2015-07-30T04:00:00Z Christian Rieck, a professor of economic theory at the Frankfurt University of Applied Sciences, said the tough posture will help because it shows Germany’s “ability to follow through.” Greece bailout revives image of the ‘cruel German’ 2015-07-16T04:00:00Z It’s not personal, Republicans argue; their opposition to social-insurance programs is about conservative economic theory and the scope of government. State GOP equates food-stamp recipients, wild animals 2015-07-14T04:00:00Z Holmes claimed, falsely, that the Lochner majority gave constitutional status to “a particular economic theory,” laissez faire. The 110 year-old case that still inspires Supreme Court debates 2015-07-10T04:00:00Z The economic theory says the work incentive is the difference between your income on benefit and your income in work. Welfare economics: what works best, the carrot or the stick? - BBC News 2015-07-07T04:00:00Z Then there are Humans, who do all of the things that traditional economic theory suggests they should not. You’re only human: An economist explains how it hurts your portfolio 2015-06-25T04:00:00Z He said it was not based on the Patent Act, but on an economic theory “that has been debunked.” High court rules against Spider-Man toy inventor 2015-06-22T04:00:00Z Forget the high-minded explanations about economic theory – equating the poor and wild animals is evidence of contempt. State GOP equates food-stamp recipients, wild animals 2015-07-14T04:00:00Z He said it was not based on the Patent Act, but on an economic theory "that has been debunked." High court rules against Spider-Man toy inventor 2015-06-22T04:00:00Z It’s not my field, but I can’t help wondering if there might have been some developments in economic theory at some point in the past 37 years. Are you as well read as a 16-year-old Eton schoolboy? 2015-06-15T04:00:00Z After escaping jail time, Law spent 10 years or so gallivanting about Europe and developing his economic theories, which he outlined in an academic paper. History Rife With Disastrous Consequences Of Abandoning Gold Standard 2015-06-15T04:00:00Z This circumstance doesn’t really jibe with orthodox economic theory. How Emerging Markets Can Finally Arrive 2015-06-10T04:00:00Z "It's classic Laffer Curve," says Dean Baker, co-director of the Center for Economic Policy Research, describing the economic theory that tax cuts will pay for themselves by stimulating increased economic activity. Republicans Have Become the Party of Red Ink 2015-05-29T04:00:00Z There are huge problems that current economic theory is not terribly good at getting to the bottom of yet. The author of ‘A Beautiful Mind’ on the life and death of John Nash 2015-05-25T04:00:00Z This is not in fact a good idea but what’s really wrong here is the economic theory that Reich calls to to justify his idea: There's A Reason Robert Reich's A Professor Of Public Policy, Not Economics 2015-05-22T04:00:00Z “She believes in the rational practices of bureaucracy and the exertion of economic theory.” Meet the Woman Who is Google's Worst Nightmare 2015-05-20T04:00:00Z But there’s also a deep fault in his economic theory. If Robert Reich Learned Some Economics He Might Even Be Interesting 2015-05-10T04:00:00Z This illustrates an important problem with traditional economic theory. Unless You Are Spock, Irrelevant Things Matter in Economic Behavior 2015-05-08T04:00:00Z In a lovely passage, Mr Thaler recounts his attempts to explain the prevailing economic theory on savings to a room full of psychologists. More Kirk than Spock 2015-05-07T04:00:00Z “It is not fundamental to economic theory to assume people are selfish,” Alvin E. Roth, an economist who teaches at Stanford University, told me. The Great American Kidney Swap 2015-04-30T04:00:00Z The same economic theory applies to raisin marketing, but it appears that raising prices now would provide little benefit to growers, as consumers would buy competing foods. Shrinking the raisin market 2015-04-27T04:00:00Z Students will also study emerging and developing economies and consider economic theories and concepts in different contexts. Global crash to be included in new economics A-level - BBC News 2015-04-27T04:00:00Z O’Malley says the system is rigged “in many ways” – a concern pressed by the “Elizabeth Warren wing” of the Democratic Party – and contends middle class priorities should be “at the center of our economic theory.” In Iowa, Martin O’Malley lays out vision for Democratic Party 2015-04-10T04:00:00Z Idealism combined with an intriguing application of economic theory may accomplish what international conferences have not: solving the seemingly intractable problem of global warming. How Idealism, Expressed in Concrete Steps, Can Fight Climate Change 2015-03-27T04:00:00Z Standard economic theory indicates that in free markets, workers are paid their value to their employers. Pay Cheerleaders What They're Worth 2015-03-25T04:00:00Z State senators investigating a recent surge in California pump prices at a Tuesday hearing grappled with price-fixing accusations, complicated economic theories and pressure to shift to alternative fuels. Did accident or price fixing cause high gas prices? State senators ask 2015-03-24T04:00:00Z Any outlaying numbers are nowhere near enough to support a Capitalistic economic theory. Hospitals Are Wrong About Shifting Costs to Private Insurers 2015-03-23T04:00:00Z In classical economic theory, free trade boosts prosperity by encouraging nations to focus on their relative strengths. Game of zones 2015-03-19T04:00:00Z In traditional economic theory, the benefits of reducing emissions take the form of an “externality,” meaning they are external to the local environment because they are spread over the whole world. How Idealism, Expressed in Concrete Steps, Can Fight Climate Change 2015-03-27T04:00:00Z History, economic theory, and common sense all suggest that it is possible to copy the economic leader’s methods, but far harder to overtake it. The Biggest Threat to America’s Future Is ... America 2015-03-18T04:00:00Z Unfortunately, as economic theory predicts, many command and control policies tend to result in undesirable outcomes. Does Destroying Ivory Really Save Elephants? 2015-03-15T04:00:00Z When it comes to economic theory and drug addiction, he seems to know his stuff, or at least more than the average talking head on television. Russell Brand is a messiah in this documentary, but it's complex 2015-03-14T04:00:00Z Assumption #2: That the age-old flaw found in all economic theories will somehow not apply this time. Buy U.S. Stocks: Strong Dollar Will Produce Positive Surprises 2015-03-12T04:00:00Z In its pure form, the economic theory of clubs assumes that each country and individual is completely self-interested and has no interest in helping any others. How Idealism, Expressed in Concrete Steps, Can Fight Climate Change 2015-03-27T04:00:00Z The company uses supply side economic theories to help decipher market strength. The Best Countries For Your Investment 2015-03-06T05:00:00Z Ubel: By Econs, you mean those hypothetical, perfectly rational decision makers with unlimited willpower and cognitive processing ability who underlie neoclassical economic theory. Q & A With Richard Thaler On What It Really Means To Be A "Nudge" 2015-02-20T05:00:00Z This was a clear case of overkill, unsupported by any economic theory. Is Brazil's New Finance Minister the Key to Re-establishing the County's Prominence? 2015-02-12T05:00:00Z He argued that it would triumph not because of the superior economic theory behind it, but because it was cheap to run. Where Is John C. Bogle's Presidential Medal Of Freedom? 2015-02-09T05:00:00Z "I study economic theory - but this scheme is real, practical help." University funds former students 2015-02-09T05:00:00Z Progressives have embraced his emphasis on social justice and economic inequality, including his criticism of “trickle-down” economic theories. In Historic First, Pope Francis to Address Congress During U.S. Trip 2015-02-05T05:00:00Z There is no way to offer a comprehensive explanation of Marx’s economic theory in a blog post, nor is that my goal. Can The Marxist Save European Capitalism? 2015-02-02T05:00:00Z His academic appointments included teaching economic theory and policy, political economics and philosophy and econometrics at the University of East Anglia, Cambridge, Glasgow and Sydney. Greece’s Feisty Finance Minister Tries a More Moderate Message 2015-01-29T05:00:00Z Public choice, in other words, simply transfers the rational actor model of economic theory to the realm of politics. NYT Column Declares All Politicians And Bureaucrats To Be Corrupt 2015-01-27T05:00:00Z Traditional conservative economic theory holds that business expansion creates jobs, tightens the labor market and pushes up wages. Talk of Inequality Prods Republicans to Refocus 2015-01-21T05:00:00Z The partisan debate about taxes is not just about obscure economic theories or deep ideological commitments. MHP: The poorest people in your state will bear the brunt of your mistakes, Sam Brownback 2015-01-18T05:00:00Z Given the propensity for federal programs to continue forever, economic theory would suggest it would be worth donating amounts equal to a multiple of the annual benefit. Billions In Poltical Donations Show Politicians Are Honest 2015-01-15T05:00:00Z While there is some economic theory to back this up it is by no means undisputed. Significant zeros in the Tory dossier 2015-01-07T05:00:00Z According to classical economic theory, competition breeds quality and lower pricing. Do No Harm? It May Be Hard to Avoid With Health Law’s Medicare Cuts 2015-01-05T05:00:00Z Keynesian economic theory was meant to save capitalism from its excesses. Harold Meyerson’s wrongheaded thoughts on Keynes 2015-01-04T05:00:00Z This is the polar opposite of Republican economic theory, and yet, the laws supply and demand don’t much care about politicians’ ideology. Austerity's end strengthens U.S. recovery 2015-01-02T05:00:00Z Keynesianism is a complex economic theory, but its central insight is simple enough: If every institution stops spending, economic activity will decline. Harold Meyerson: European austerity engenders a Keynesian outlook 2014-12-31T05:00:00Z The decision to not intervene is a brave one given that it signals a departure from what economic theory would suggest an oil producer should focus on — revenues. Saudi Arabia's Playing The Oil Market The Right Way For The Lowest Cost Producer, Almost Like Standard Oil 2014-12-31T05:00:00Z It is a simple idea supported by both economic theory and most people’s intuition: If welfare benefits are generous and taxes high, fewer people will work. A Big Safety Net and Strong Job Market Can Co-Exist. Just Ask Scandinavia. 2014-12-17T05:00:00Z He does a superb job of synthesizing economic theory, history, and his personal experiences as a successful financier of entrepreneurs in a well-written book. Eight Noteworthy Books Of 2014 2014-12-14T05:00:00Z It's a good place to go to try and find out about some basic economic theories as quite a few eminent thinkers go there. A sideways look at capitalism 2014-12-08T05:00:00Z Besides economic theory, its research expertise is in public economics and statistics. Toulouse v Paris 2014-11-13T05:00:00Z We’re talking about lame economic theories that led to the global loss of millions of jobs and homes and trillions in stock market and home equity wealth. An American Horror Story: Seven Big Economic Lies 2014-10-31T04:00:00Z It is yet more evidence that classic economic theory is wrong about how people make decisions. Simple tweak could nearly double the amount you give to charity 2014-10-30T04:00:00Z But economic theory does not predict that when the economy’s productivity rises that the median worker’s pay should increase. Has Inequality Driven a Wedge Between Productivity and Compensation Growth? 2014-10-20T04:00:00Z In the fanciful world of economic theory, markets are highly competitive and self-correcting. French Nobel Prize Winner Analyzes What to Do When Markets Fail 2014-10-20T04:00:00Z The school’s strengths are industrial economics, market regulation and economic theory. Toulouse v Paris 2014-11-13T05:00:00Z “In the real world outside economic theory, every business is successful exactly to the extent that it does something others cannot. Monopoly is therefore not a pathology or an exception.” Peter Thiel: Seven Surprising Keys To Market-Creating Innovation 2014-10-15T04:00:00Z After all, standard economic theory would suggest that if the economy is strengthening, it should push up inflation. The Depressing Signals the Markets Are Sending About the Global Economy 2014-10-15T04:00:00Z With their emphasis on the entrepreneur’s role in economic theory, Baumol and Kirzner fill important gaps in our understanding of how markets work. Baumol and Kirzner Should Get the Economics Nobel 2014-10-08T04:00:00Z What I think we need to consider is the possibility that there is something that is happening outside of traditional economic theories, which will mean that following either traditional policy solution could lead to disaster. A 15 Year Tour of Economic Analysis 2014-10-06T04:00:00Z The fact that liberals complain whatever the rich do with their money shows that their policy suggestions are based on envy, not on any valid economic theory. Paul Krugman And Liberals Need To Decide If They Want The Rich To Spend Or Save Their Money 2014-10-02T04:00:00Z Basic economic theory suggests that more choice should always improve consumers’ experience, allowing them to get better deals for less money. Auto-Renewing Your Health Plan May Be Bad for You, and for Competition 2014-09-29T04:00:00Z But economic theory says we should make decisions based only on the costs and benefits that a course of action has in the future, not on “sunk costs,” which we’ll never get back. Robert Griffin III and the Sunk Cost Fallacy 2014-09-15T04:00:00Z But all Brown was doing was reiterating the economic theories of a free-market conservative. Scott Brown Is Being Unfairly Attacked For Jobs Gaffe 2014-09-04T04:00:00Z The Black Hole of Debt simply overwhelms the ability of current economic theories to craft solutions based on past performance. A 15 Year Tour of Economic Analysis 2014-10-06T04:00:00Z But the reality is that there has been no pure, scientifically established experiment comparing differences in the application of various economic theories. Growth 2014-09-02T04:00:00Z It appeared to be time to lock up the economic theory and throw away the key. Tough case to crack: the mystery of Britain's falling crime rate 2014-08-31T04:00:00Z You are expressing a common meme that totally buys into the reigning economic nonsense that passes for thinking about economic theory – a sin you’re usually not guilty of. A Nation of Shopkeepers 2014-08-26T04:00:00Z While economic theory suggests that individuals are the primary beneficiaries of education due to higher wages, business owners can benefit if an educated workforce generates higher returns to capital. Congratulations Businesses! Your Taxes Are Rising 2014-08-20T04:00:00Z Bringing federal and state finances in line with economic theory and practice is a good place to start. Economic Patriotism Would Be Bringing Taxes and Spending in Line 2014-08-18T04:00:00Z So something must be broken in the market – our economic theory is still sound and working fine! Growth 2014-09-02T04:00:00Z Keynesian economic theory, the idea that stimulus can spur aggregate demand, was developed largely as a response to the Great Depression. After New Keynesian Economics 2014-08-18T04:00:00Z Basic economic theory suggests that these companies may be hard to manage effectively and hard to grow given their already large size. Will The Largest US Companies Hurt Your Portfolio? 2014-08-13T04:00:00Z Previously, bio economic theory predicted that fishing does not cause extinctions because fishermen inevitably move away from depleted resources. Giant Amazon fish 'locally extinct' 2014-08-13T04:00:00Z The most basic of economic theories would suggest that when supply isn’t enough to meet demand, it’s because the price — in this case, truckers’ wages — is too low. The Trucking Industry Needs More Drivers. Maybe It Needs to Pay More. 2014-08-09T04:00:00Z Yes, we do have a structural problem, but it is the structure of our reigning economic theory that has brought it on. Growth 2014-09-02T04:00:00Z This is the most-important-but-well-kept secret in the economic debate: the unemployment rate has been inflated by a misguided economic theory that required the government to lay off workers during an economic downturn. The jobs chart that trumps all jobs charts 2014-08-04T04:00:00Z And some espoused economic theories that were, to be polite, unconventional. Reply to Krugman's Blogs On the Fiscal Gap and Respectful Discourse 2014-08-03T04:00:00Z “Economists are perhaps most disturbed by this phenomenon because orthodox economic theory would predict that it is suboptimal for society to select its top leaders from only 34 percent of the population,” they add. Women And Minorities Penalized For Promoting Diversity, Study Says 2014-07-29T04:00:00Z I find this economic theory beautifully refreshing, because we're all so tired of the sociological debate about why comedy seems so male. Katy Brand's right about female comedians 2014-07-26T04:00:00Z Such a suggestion was universally dismissed by all right-thinking economists, and for very good reasons based in sound economic theory, I might add. The New Normal of Healthcare Spending 2014-06-29T04:00:00Z Traditional economic theory speculates that our purchasing decisions follow the principle of “utility maximization.” Online Decision Making: What Really Drives Customers To Choose One Option Over Another? 2014-06-18T04:00:00Z The Frenchman is a genial lecturer, if one who uses comedy to lead us from cheerful uplands into the thickets of economic theory. Piketty mania: how an economics lecture became the hottest gig in town 2014-06-17T04:00:00Z “The old economic theory is that a dollar turns over six or seven times in the community,” Thurman said. Coal production begins at western Ky. mine 2014-06-13T04:00:00Z The value of scarelore, in politics as on the Internet, is explained by the behavioral economic theory of loss and risk aversion pioneered by the work of Daniel Kahneman and Amos Tversky. Threatened 'Global Catastrophes' Keeping You Up At Night? Rest Easy. 2014-06-09T04:00:00Z It’s a useful question to illustrate the underlying economic theory. Why Do McDonald's Workers Get Paid More In Alaska Than In Texas? 2014-06-05T04:00:00Z The very significant attorney time needed to develop legal and economic theories and strategies is already done. How About Cutting Attorneys' Fees From The Next NFL Concussion Settlement? 2014-06-04T04:00:00Z First, the book “Freakonomics” popularized the concept of applying economic theory to all sorts of behaviors. Incorporating behavior theory into advertising 2014-05-31T04:00:00Z Ballmer may have overpaid for the Clippers through an economic theory called “the winner’s curse,” which states that the winning bid is always the highest bid and not necessarily the most accurate one. Are the L.A. Clippers really worth $2 billion? 2014-05-30T04:00:00Z Ballmer may have overpaid for the Clippers through an economic theory called "the winner's curse," which states that the winning bid is always the highest bid and not necessarily the most accurate one. Are the L.A. Clippers really worth $2 billion? 2014-05-30T04:00:00Z But here’s the kicker – economic theory has trouble not just estimating the magnitude but the sign of the change in premiums as a result of more competition. Competition Is Good But Obamacare's Not Out Of The Woods Yet 2014-05-22T04:00:00Z Suddenly variable selction becomes an important part of the challenge, and economic theory may provide little guidance. How Smart Houses And Big Data Will Change Real Estate Economics 2014-05-19T04:00:00Z In terms of economic theory, this is puzzling. Elizabeth Kolbert: Why Are We So Busy? 2014-05-26T04:00:00Z However, he said that no economic theory shows that a bigger ratio is concomitant with a higher level of risk. China should straighten out its wealth managers, says central bank 2014-05-10T13:53:12Z It’s a book of economic theory and history by a French academic, Thomas Piketty, with the impressive but daunting title of Capital in the Twenty-First Century. Six Strange Facts About the No. 1 Book on Amazon.com 2014-04-24T16:02:34Z The case against vast inequality is grounded in economic theory. Economic Scene: Making Sense of Income Inequality 2014-03-25T20:41:50Z Those who attack the Basic decision argue that it was based on the dubious economic theory of efficient markets, a theory they say is no longer believed by many economists. High & Low Finance: Corporate Lies Are Increasingly Immune to Investor Complaints 2014-03-20T14:42:10Z While military and political frictions made the biggest headlines, the Cold War couldn’t be well understood without using economic theory — specifically, game theory, which analyzes the strategic logic of threats, credibility and conflict. Economic View: Crimea Through a Game-Theory Lens 2014-03-15T15:25:28Z "This is a great example of economic theory playing out in practice exactly as it's supposed to." Rise in U.S. auto, home sales show Fed policies are working: Williams 2014-03-06T01:31:49Z He said the decision “substituted economic theory for the bedrock common-law requirement” intended by Congress, which is that shareholders must show they relied on the misrepresentations. Supreme Court treads middle ground in debate over securities-fraud lawsuits 2014-03-06T00:38:23Z Justice Anthony M. Kennedy noted that the court will hear a case on Wednesday involving economic theory. Justices Hear Florida Case on Measuring Intellectual Disabilities of Inmates 2014-03-03T22:28:24Z There is one economic theory that would justify a forecast of higher interest rates when the economy is weak. High & Low Finance: Questioning a Dire Economic Forecast 2014-02-27T21:38:19Z The CPI combines economic theory with sampling and other statistical techniques, using data from several surveys to produce a precise measure of the average price changes for goods and services. BLS economist helps ensure the accuracy of the Consumer Prince Index 2014-02-19T15:01:43Z I'm sure that your household has economic theories as odd and original, and that they too, ought to be commemorated by their own coin. Why every household should have its own currency 2014-02-14T17:07:26Z But opponents of raising the minimum wage point to basic economic theory. Minimum-wage debate rages on 2014-02-02T06:00:00Z The simple economic theory of wage formation would argue that workers must be getting increasingly unproductive. Today's Economist: Profits Up, Wages Down: What Economics Has to Say 2014-01-27T16:00:54Z Héctor Zumárraga, 68, a labor rights lawyer, said: "He’s not up to the job. He doesn’t understand that it’s not enough to know just economic theory, and we’re seeing proof of that now." The Influential Minister Behind Argentina’s Economic Shift 2014-01-27T02:36:25Z Traditional economic theory holds that during lean times, people draw down on savings or increase debt to sustain their lifestyles. Income inequality hurts economic growth, researchers say 2014-01-24T14:18:13Z “I want to use economic theory as a means to abolish the use of coercion and aggression amongst mankind.” Eagle Scout. Idealist. Drug Trafficker? 2014-01-18T17:31:04Z Charging outsized fees for mutual funds is not illegal, yet economic theory would hold that the popularity of low-priced index funds would force those with high expenses to lower their costs or lose assets. Analysis: High-priced index funds? The worst deal for investors 2014-01-13T12:02:14Z “Whether it’s broad economic theory, the role of government, labor rights — there is a whole set of issues where this funder and donor is poison really,” he said. 50 educators sign letter to Catholic University protesting Koch Foundation’s $1 million gift 2013-12-15T21:49:05Z He has not pulled his punches in attacking what he views as the excesses of capitalism and the failed economic theories of political conservatives. Why atheists should listen to Pope Francis 2013-12-12T13:26:00Z Slowly but surely, Ayn Rand’s economic theories are being discarded because they simply don’t add up in the real world. Ayn Rand-loving CEO destroys his empire 2013-12-10T14:00:00Z If "the most effective and appropriate economic theory for a particular period changes, because the structure of the world economy mutates and evolves over time" , then what is apropriate for the current situation? Economic history: A Keynes for all seasons 2013-11-26T13:30:00Z And he invoked language with particular resonance in the United States, attacking an economic theory most affiliated with conservatives that discourages taxation and regulation. Pope Francis denounces ‘trickle-down’ economic theories in critique of inequality 2013-11-26T18:19:27Z It was quite radical at the time to think that statistical methods and economic theory could be brought to bear in the financial markets. 2 University of Chicago professors win Nobel Prize in economics 2013-10-15T03:18:00Z He is a student of “behavioral economics,” the study of how quirks in human psychology can create results that traditional economic theory would not predict. Three Americans share Nobel prize in economics 2013-10-14T22:50:09Z He describes the ways in which American heroism is introduced into political laws, religious doctrine, economic theory, and, of course, educational conventions. Grit, Optimism, And Other Buzzwords In The Way Of Education 2013-10-14T12:06:00Z Mr. Obama and his advisers regarded Mr. Summers as a singular talent: an economist deeply steeped in economic theory, but intellectually nimble, with a gift for pragmatic problem-solving. Summers Pulls Name From Consideration for Fed Chief 2013-09-16T02:57:28Z Standard economic theory says that if you raise the minimum wage, even in a limited way, businesses will hire fewer workers. 5 Myths About Living Wage Laws 2013-09-05T09:45:37Z The behavioral approach helps explain gaps in the traditional economic theory of asset pricing. 2 University of Chicago professors win Nobel Prize in economics 2013-10-15T03:18:00Z But it is not only his economic theories that attract attention. Meet "The Guv": India's new central bank chief gets rock star welcome 2013-09-05T09:29:03Z Ultimately, however, Congress didn’t establish insider trading laws because of such refined economic theories. Insider Trading Laws Keep Market Running Smoothly 2013-07-26T10:50:25Z Yet the same people used the same economic theory to oppose minimum wage legislation – and were wrong then, too. Rent control – the missing words that could help fix the UK's housing crisis 2013-07-20T06:00:30Z Respectable economic theory and the evidence from real-life healthcare both disprove their case - competitive markets fit healthcare exceedingly poorly. Why not... privatise the NHS? 2013-07-18T01:10:27Z Then, he drifted off to 19th century economic theory. 10 Keys To Writing A Speech 2013-07-16T13:50:00Z The result is what classical economic theory would have predicted — the job market has adjusted more successfully to the shrinking economy than it did during previous downturns. Way of the World: When Labor Is Flexible, and Paid Less 2013-06-27T16:10:33Z He also developed a new economic theory which he explained in a series of self-published books. Bob Leakey obituary 2013-05-20T11:35:11Z But before this incident fades from memory, I’d like to take the opportunity to discuss the questions raised by it: Is Keynes’s sexual orientation at all relevant to the interpretation of his economic theories? Today's Economist: Bruce Bartlett: Keynes’s Biggest Mistake 2013-05-07T04:01:24Z The idea that anxiety about future deficits harms investor or consumer confidence is contradicted by both economic theory and evidence. Austerity never works: Deficit hawks are amoral — and wrong 2013-05-05T16:00:00Z The idea that more savings leads to more investment, which automatically leads to higher economic growth, is a staple of conservative economic theory. Elite conventional wisdom is losing on Social Security 2013-04-26T15:00:00Z Much of their work together highlighted flaws in the economic theory that markets operate efficiently, a theory that basically treats government policy as inherently costly. Janet L. Yellen, Possible Fed Successor, Has Admirers and Foes 2013-04-25T01:48:23Z Politicians locate economic theories that provide flashy equations to justify the politics; their authors, like Rogoff, are celebrated as oracles; no one bothers to check if the numbers actually add up. There's no need for all this economic sadomasochism 2013-04-21T18:30:01Z But I found that most scholarship on the DPRK was dedicated to military, political, nuclear and economic theory. North Korea first-hand: what it's like to visit the world's most secretive nation 2013-04-19T19:00:00Z Both leaders became not just national, but world icons, representatives of a resolute conservatism that polarized their own countries, committed to unambiguous economic theories that countered what they saw as the fuzzy principles of socialism. For Thatcher and Reagan, it was a very "special relationship" 2013-04-08T16:07:21Z Now, it's pretty clear that there's a lot of economic theories that aren't working very well. Will Fossil Fuels Be Able to Maintain Economic Growth? A Q&A with Charles Hall 2013-03-19T14:45:02.357Z There’s actually a branch of economics called behavioral finance devoted exclusively to this phenomenon, exploring the interplay between economic theory and psychological reality. Why Financial Literacy Fails 2013-03-11T14:00:21Z Anarcho-syndicalism is an economic theory with roots in the early 19th century that articulates a form of government in which self-organized cliques of labor work together to directly achieve goals. A Billion Dollar Company With No Bosses? Yes, It Exists 2013-03-04T20:05:20Z There is a total breakdown between economic theory and the reality of the innovation process. 5 Reasons the Government Fails at Venture Capital 2013-02-18T19:03:09Z CBO director Douglas Elmendorf said he believes the report presents "key issues fairly and objectively and that its findings are well grounded in economic theory and are consistent with empirical studies in this area." Lawmaker, budget agency spar over taxing corporate profits 2013-02-15T23:43:40Z The Republicans and Conservatives are in the grip of a failed economic theory, he argues. Ed Miliband to blame David Cameron for declining British living standards 2013-02-14T00:01:02Z When companies perform as disastrously as the big global banks, accountancy firms and credit rating agencies did before 2008, economic theory predicts new entrants into the market. This is bigger than Barclays 2013-02-12T19:45:33Z There is no question in my mind about which is the single most important feature of the Mittelstand model – its underlying ethos, which is based not on dry economic theory, but on everyday, practical humanity. Germany is right – jobs should come before profit 2013-02-06T06:59:01Z Indeed, there is an entire body of economic theory that argues that knowledge should be shared and copied, or at least, shared more easily and frictionlessly than is currently the case. Aaron Swartz, freedom fighter 2013-01-14T18:07:00Z Paul Krugman points out that there is no sound objection in economic theory to the trillion-dollar coin, and there's no sound objection in law. Hope Lives for $1 Trillion Platinum Coin Enthusiasts 2013-01-09T23:35:31Z Business of Life Published: June 4, 2012 Scholarly economic theory applies to more than just business. 10 Most Popular Stories of 2012 2012-12-31T16:20:58Z Much economic theory revolves around efforts to distinguish the two. Today's Economist: Nancy Folbre: Sharers, Takers, Carers, Makers 2012-12-31T11:00:46Z Far from being irrelevant to business, as Coase argues in HBR, economic theories play a key role in creating the intellectual foundation for it. Saving The World From The Economists: Ronald Coase & Paul Krugman 2012-12-17T15:59:59Z This is exactly the outcome that economic theory describes when barriers to trade are removed. Economics 101 Comes to the U.S. Department of Energy: Exporting LNG is Good 2012-12-06T13:53:07Z The US has had over 50 recessions since 1790 and they all need to be studied in order to produce sound economic theory. Financial crises: Is the slow recovery unusual? 2012-10-15T20:28:07Z There's an absolutely astounding contradiction between basic economic theory and that debate statement about the budget in the 2000s and Ryan's speeches/plans/sound bites on the budget in the 2010s. The aughts: Should we be grateful for the Bush deficits? 2012-10-16T16:06:28Z As noted earlier, economic theory is unambiguous that holding taxes constant and reducing marginal rates will increase growth. Today's Economist: Bruce Bartlett: Romney's Tax Plan and Economic Growth 2012-10-16T10:00:06Z What we need now is a new economic theory of the firm that includes an appropriate emphasis on adding value for customers, not just on efficiency and cutting costs. Saving The World From The Economists: Ronald Coase & Paul Krugman 2012-12-17T15:59:59Z "I usually do research on how people don't fit with what rational economic theory would tells us people do," says Dan Ariely, an MIT Professor and author of Predictably Irrational. What You Should Know: Nobel Prize in Economics 2012-10-15T20:05:36Z But it's not the whole story of modern economic theory - as the recipients of this year's Nobel Prize for economics well demonstrate. A Nobel Prize for beauty – and truth 2012-10-15T15:27:53Z Conventional economic theory, still taught in many college classrooms, assumes that individual decisions reflect rational choices. Today's Economist: Nancy Folbre: Contraceptive Economics 2012-10-15T10:00:16Z One key assumption of almost all economic theories is that people are naturally cautious and try to avoid unnecessary risks. The Radical Implications of Warren Buffett’s Conservative Approach 2012-10-09T12:00:35Z As economic theory would predict, corporate managers are willing to accept a lower pretax rate of return and create jobs overseas rather than paying the repatriation tax and create jobs at home. DealBook: Overseas Cash and the Tax Games Multinationals Play 2012-10-03T21:35:21Z A high school student needs economic theory like he/she needs another leg. Why kids hate school — subject by subject 2012-09-07T09:00:00Z That may not seem remarkable in a stagnant economy, except that all the major economic theories suggest that prices should now be rising at a fast clip. Why Isn’t There More Inflation? 2012-09-05T12:00:27Z For the past century, nearly every economic theory in the world has emerged from a broad tradition known as neoclassical economics. It’s the Economy: Prime Time for Paul Ryan’s Guru (the One That’s Not Ayn Rand) 2012-08-21T15:50:59Z Perhaps more important, this success proves that one of the central pillars of modern economic theory is simply wrong. The Radical Implications of Warren Buffett’s Conservative Approach 2012-10-09T12:00:35Z Apart from sharing an apparent affinity for tax and economic theory, some who know Ryan say he and Romney are both compromisers. Insight: Ryan's economic thinking is more Reagan than Tea Party 2012-08-21T05:09:36Z While these actions are arguably justified by an epidemic of unemployment, and undergirded by decades of economic theory, they’re not without negative side effects. Junk Bonds: Wall Street’s Newest Bubble? 2012-08-20T12:00:18Z With his intellectual background in right-wing economic theory and his eagerness to discuss grand budget-cutting schemes and even grander philosophical ideas, Ryan represents an abrupt shift in Republican messaging and style. Paul Ryan is the anti-Reagan 2012-08-14T12:15:00Z And even as he delved more deeply into libertarian economic theory in college, his tuition was partially paid by the Social Security benefits he received after his father died. Family, Faith and Politics Describe Life of Paul Ryan 2012-08-13T05:27:29Z So one's economic theory determines what one selects and emphasizes. Monetary policy: Rethinking macro 2012-07-26T19:59:10Z While this is not evident in the consumer price index, economic theory nevertheless suggests that this may be the case. Today's Economist: Bruce Bartlett: The Fed Should Stop Paying Banks Not to Lend 2012-07-31T10:00:22Z According to most economic theories, self-interest is the prime motivator in human behavior. Punishing Cheaters: Are We the Dark Knight—Or Just Dark? 2012-07-18T00:30:00Z And it is a direct result of the flawed, mainstream economic theories on which the global, so-called free market in money has been built. Be angry at bankers, be angrier at economists 2012-06-29T16:28:47Z Attitude E Paul Ryan was already steeped in conservative economic theory by the end of his freshman year at Miami University in Ohio, where he arrived in 1988. Family, Faith and Politics Describe Life of Paul Ryan 2012-08-13T05:27:29Z One strand of economic theory holds that market forces will even out these imbalances. Financial transaction tax would help rebalance Britain's economy 2012-06-24T12:45:26Z Evidently American legal theory is in even greater disarray than is economic theory. Today's Economist: Uwe E. Reinhardt: Awaiting the Supreme Court's Health-Care Ruling 2012-06-22T10:00:15Z “I think I would start by trying to teach some of our Congress people some economic theory,” Mr. Maragos said. Bob Turner, Wendy Long and George Maragos Debate 2012-06-18T04:02:02Z The ability to exert godlike authority over a relatively closed system: Econometrics purports to test economic theories by statistical means. The Value of Fun: Valve Software Appoints In-House Economist 2012-06-15T13:44:16Z I wondered why Bowman, like her fellow proprietors, was disavowing economic theory and not trying to maximize her profits. It’s the Economy: Can Mom-and-Pop Shops Survive Extreme Gentrification? 2012-06-05T09:00:10Z And so long as prevailing economic theory is dominated by models abstracted from such "exogenous" factors, it is unsurprising that its practitioners have so little to say about the real world. Letters: Challenges to a crazy economic orthodoxy 2012-05-23T20:00:02Z Why did deregulation and economic theory fail so spectacularly? Heist of the century: university corruption and the financial crisis 2012-05-21T19:00:03Z When a woman in Iowa shared the story of her financial struggles, he responded with economic theory. READ: President Obama?s speech kicking off his reelection campaign 2012-05-06T16:28:53Z According to standard economic theory, if some people borrow too much and reduce their spending, prices and interest rates should fall, inducing other people to increase spending. Where Housing Once Boomed, Recovery Lags 2012-04-03T01:25:24Z If you’re not convinced by economic theory or the opinions of economists, consider some recent history. Economic View: Gas Prices Are Out of Any President?s Control 2012-03-31T16:00:23Z Ten years before Buckle published his history, Karl Marx had already formulated the “economic theory of history.” Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 5 "Hinduism" to "Home, Earls of" 2012-03-25T02:00:05.717Z Not surprisingly, some of the most popular business titles of the past few years have combined research findings at the cutting edge of economic theory. Is neuroscience the new ?Freakonomics?? 2012-03-13T14:52:34Z “The economic theory is very clear,” he said. Way of the World: As Jobs Go Global, U.S. Workers Pay 2012-02-02T16:10:05Z On the other hand, the school should not fill the pupils' minds with economic theories, which they are incapable of understanding, and of which the truth, the justice, the feasibility are still hotly disputed. The Moral Instruction of Children 2012-02-02T03:04:33.057Z It is a view that has much more support in economic theory than in economic history. High & Low Finance: Investment Income Hasn?t Always Had Tax Advantages 2012-01-19T20:47:04Z That’s the economic theory that says destruction is the yin to creation’s yang; you can’t make an omelette without breaking a few eggs. Private Equity: Hero or Villain? 2012-01-12T04:10:25Z High interest rates, he said, cause inflation—contrary to orthodox economic theory accepted around the globe. Erdogan's War on 'Interest-Rate Lobby' Puzzles Economists 2012-01-11T21:03:29Z Cutting the payroll tax fit better with Republican economic theory, because the rate of taxation would be reduced. Economix Blog: Bruce Bartlett:How Politics Came to Dominate Payroll Tax Debate 2011-12-27T11:00:34Z “It’s a revolution in a cornfield,” said Arthur Laffer, the 71-year-old architect of supply-side economic theory and former economic adviser for President Ronald Reagan who is now working with the governor. In Kansas, Gov. Sam Brownback puts tea party tenets into action with sharp cuts 2011-12-22T02:43:00Z “My core economic theory is pragmatism,” he has said, “figuring out what works.” News Analysis: Consultant Nation 2011-12-11T01:57:15Z Some of the antipathy may stem from fancy economic theories that say free markets magically render government unnecessary. Economic View: To Rethink Government, Start Close to Home ? Economic View 2011-12-10T22:00:04Z This adds ideas—particularly technological know-how—to the inputs of land, labour and capital that in traditional economic theory are needed for growth. City building: Hong Kong in Honduras 2011-12-08T16:17:05Z Professor Mankiw’s curriculum sticks to the basics of economic theory without straying into partisan debate.” Economic View: Know What You?re Protesting - Economic View 2011-12-04T00:14:16Z Concerns about the impact of growing economic inequality fit neatly into a larger critique of mainstream economic theory and its deep faith in the efficiency of markets. Economix Blog: Nancy Folbre: Occupy Economics 2011-11-28T11:00:29Z There will be a distinct gain for moral and economic theory, he believes, in treating value as concerned with acts necessary to complete a given need-situation. John Dewey's logical theory 2011-11-28T03:00:21.547Z This collaboration of mainstream economic theory, conventional journalistic wisdom and political expedience has installed a common sense that bypasses reality. Austerity Is Bad for Us and No Fun (Part 1): James Livingston 2011-11-28T00:24:02Z How could such a man have failed to be influenced by the political, social and economic theories which brought about the great upheaval of the end of the eighteenth century? Thomas Jefferson The Apostle of Americanism 2011-11-23T03:00:55.563Z Perhaps the protesters were motivated by an inchoate feeling that standard economic theory is inherently slanted toward a conservative world view. Economic View: Know What You?re Protesting - Economic View 2011-12-04T00:14:16Z |
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