Argument
in sentence
1858 examples of Argument in a sentence
Rather, it is an
argument
for the alternative, namely a Bank of England-style funding-for-lending scheme in which the ECB provides banks with cheap financing for, say, 12 months, if they agree to increase their lending to the private sector by a corresponding amount.
Simon Johnson, for example, recently argued that mega-regional agreements like the Trans-Pacific Partnership should be used to discourage countries from intervening in the currency market to prevent exchange-rate appreciation;Fred Bergsten has made a similar
argument.
The
argument
for the latter is simple: with national currencies eliminated and everything priced in Euros, how can similar cars or loaves of bread have different prices on either side of a border?
That argument, however, is naive, for it does not take a genius to compare the price of a car in Germany with the price of the same car in France.
Over-taxed and cheated by bad trade deals, goes the argument, America needs tax relief to revive its competitive prowess.
This so-called supply-side argument, first advanced in support of the Reagan-era tax cuts, has been a lightning rod in US fiscal policy debates ever since.
The question remains whether there is a non-faith-based
argument
for cutting back spending to stimulate an economy.
One
argument
emphasizes the links between fiscal and monetary policy.
So, the
argument
goes, a courageous Tory government that cuts spending today spares citizens that future pain.
But let’s accept, for the sake of argument, that the United States economy is operating well within its production possibility frontier, owing to various tax and other inefficiencies, and that eliminating or significantly reducing such distortions could significantly boost growth.
But that
argument
is as threadbare as the rest of the country.
It also resurrected the unwarranted claim that global warming was to blame for such events, together with the morally irresponsible
argument
that we should help future hurricane victims by cutting CO2 emissions.
And, though hurricanes will be perhaps 2-11% stronger by the end of the century, they will also be less frequent, while societies will be more robust, with total global damage costs set to decline from 0.04% to 0.02% of world GDP over this period.But the real damage from the claims about Sandy and climate change stems from what often follows: the insidious
argument
that if global warming caused this destruction, we should help future victims of hurricanes by cutting CO2 emissions now.
But the real damage from the claims about Sandy and climate change stems from what often follows: the insidious
argument
that if global warming caused this destruction, we should help future victims of hurricanes by cutting CO2 emissions now.
But the ongoing crisis also highlights a second design flaw, unacknowledged in Mundell’s argument: the challenges arising from integrated financial markets (including those for the credibility of the no-bail out clause).
Some critics have been upset by my
argument
that the neurotransmitter dopamine, which is related to motivation, focus, and reward, is part of what can make sexual pleasure empowering for women.
This
argument
is based on the latest science about dopamine’s role in arousal (as James Pfaus and his team at Concordia University in Montreal have documented), as well as on well-established summaries of the literature, such as David Linden’s The Compass of Pleasure.
But when you dug into their argument, it turned out that what they really meant was the second: whenever private-market instability threatened to cause a depression, the government could avert it or produce a rapid recovery simply by purchasing enough bonds for cash to flood the economy with liquidity.
The report’s
argument
is that while the stated motivation for ultra-loose monetary policy might be to guard against deflation and promote economic growth at a time when demand is weak, low interest rates also help governments fund their debt very cheaply.
Not surprisingly, central banks do not like this
argument.
European Commission President José Manuel Barroso and his counterpart at the European Council, Herman van Rompuy, are particularly keen on this
argument.
But neither
argument
holds water, as the Chinese know perfectly well.
Furthermore, Obama’s Justice Department has invoked Bush’s
argument
that the State Secrets Act bars evidence about torture from being disclosed, which means that anyone who was tortured can never appear in court.
But this
argument
has a blind spot.
Tortuous claims that saving is merely the flip side of consumption and investment spending are the economic equivalent of Humpty Dumpty’s
argument
in Through the Looking Glass : “When I use a word, it means just what I choose it to mean.”
US Treasury Secretary Jack Lew made such an
argument
in a recent congressional testimony, in the context of explaining why the Financial Stability Oversight Council (FSOC) should be allowed to consider whether any kind of firm or activity could pose a risk to the broader system.
Accumulated international experience, however, exposes the flaws in this
argument.
The pessimistic
argument
is this: nothing has changed;Germany and France had fixed rates for years; so too Austria, the Netherlands, and Spain.
The second group, led by Adamo Fabbro, subscribes to the laissez-faire
argument
that the state should avoid intervening in markets.
When I began in recent years to insist that the traditional silence and anonymity assigned to rape victims does not protect them, but only perpetuates a Victorian framework in which rapists attack with impunity and victims are asked to carry the “shame,” my
argument
was met with hostility.
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