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Argument in sentence

1858 examples of Argument in a sentence

The argument that the crisis stems from the eurozone not being an optimal currency area is similarly flawed.
That is the argument of a new book written by the Squam Lake Group, led by Kenneth French of Dartmouth and composed of 15 finance and economics professors, including me.
It is an argument similar to those being made by euroskeptics in the United Kingdom and Republican presidential candidate Donald Trump in the United States.
Judging by the results of the second and final round of France’s regional elections on December 13, it is also an argument that French voters, at least, roundly rejected.
Her argument is, of course, a classic example of sour grapes; the entire point of a two-round voting system is to force parties and their supporters to seek a consensus and form partnerships.
The second part of this argument – that the interests of ordinary people have been subordinated to those of the elite – must be heard and responded to.
But this argument is specious.
But that is not an argument that can be used at the present time, when eurozone risks are so lopsided (zero for the core and considerable for the periphery) and, among peripheral countries, so highly correlated (they are vulnerable to the same shocks, e.g., higher interest rates or low growth).
Austerity’s advocates rely on one – and only one – argument: If fiscal contraction is part of a credible “consolidation” program aimed at permanently reducing the share of government in GDP, business expectations will be so encouraged by the prospect of lower taxes and higher profits that the resulting economic expansion will more than offset the contraction in demand caused by cuts in public spending.
The pro-austerity argument is pure assertion, but it is meant to be a testable assertion, so econometricians have been busy trying to prove that the less the government spends, the faster the economy will grow.
The pessimistic argument is as follows: If machines costing $5 an hour can produce the same amount as workers costing $10 an hour, employers have an incentive to substitute machines for labor up to the point that the costs are equal – that is, when the wages of the workers have fallen to $5 an hour.
The pessimistic argument ignored the fact that by lowering the cost of goods, machines increased workers’ real wages – enabling them to buy more – and that the rise in labor productivity enabled employers (often under pressure from trade unions) to pay more per worker.
But the argument for reopening schools extends beyond stopping Ebola.
“It will soon be too late,” was a common argument presented to Kennedy by his advisors.
The second argument has some truth to it.
But the first argument is surely false – a desperate attempt at reputation management by those responsible for a disastrous decision.
If it is suggested that QE or lower interest rates are unlikely to benefit their economies much, they shift the focus of the discussion, railing against the notion that raising interest rates would stimulate the economy – an ostensibly airtight argument.
After all, with inflation still undershooting, goes the argument, what’s the rush?
They know how to stoke momentum in an argument by multiplying reasons why they are right and others are wrong.
As for the criticism that globalization produces both winners and losers, this is not an argument against trade; it is an argument for policies to compensate those who have been left behind.
Today, that argument makes little sense.
And yet most economists, even those who were never keen on EMU in the first place, have been reluctant to make the argument that the time has come to abandon a failed experiment.
Another argument for relaxing our attitude to cannabis is that it is non-addictive.
Another argument in favor of relaxed laws on cannabis are its supposed beneficial effects on pain.
But let’s set aside that discussion and assume, for the sake of argument, that interest-rate increases are necessary to address “second-round” effects on price stability.
But this argument misses a key factor, exemplified by the eurozone crisis.
And yet there is simply no evidence to support the authorities’ argument that the death penalty lowers rates of violent crime.
The refusal to resume dialogue had stopped producing any fresh results, and the only argument that justified it – that it was a source of leverage – gave some in India the illusion of influence over events that the government did not in fact possess.
So I am amazed to see people going along with the currently fashionable political argument that policies like cap-and-trade, government mandates, and subsidies for renewable energy can actually benefit an economy.
This argument was joined by the Pope in his latest encyclical, "Fides et Ratio" (Faith and Reason).
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