Theory
in sentence
2204 examples of Theory in a sentence
Standard economic
theory
suggests that you can affect it by taxing some transactions – such as, say, greenhouse-gas emissions – or giving money to certain groups of people, while letting the market do its thing.
In theory, the stone and its magic are typically the idea that entrepreneurs, investors, and the media make so much fuss about; in fact, the stone’s true importance usually is as something that the entrepreneur can use to generate enough enthusiasm to raise money and get people to work together to build the company.
As Yugoslavia’s experience demonstrated, radical decentralization works in
theory
but does not always work in practice.
To me, and no doubt to the other panelists, part of the process of pursuing the inexact aspects of economics is speaking honestly to the broader public, looking them in the eye, learning from them, reading the emails they send, and then searching one’s soul to decide whether one’s favored
theory
is really close to the truth.
While accepting the need for accountability, our best
theory
and empirical evidence must be used to guide practice.
In Bangladesh, climate change is not a theory, a story, or a concept; it is a way of life.
Governments should not concoct programs to lend directly, guarantee loans, or invest in renewable projects on the
theory
that the private sector somehow lacks this capability.
Risky Risk ManagementLONDON – Mainstream economics subscribes to the
theory
that markets “clear” continuously.
The theory’s big idea is that if wages and prices are completely flexible, resources will be fully employed, so that any shock to the system will result in instantaneous adjustment of wages and prices to the new situation.
The aspect of the
theory
that applies particularly to financial markets is called the “efficient market theory,” which should have blown sky-high by last autumn’s financial breakdown.
The inescapable information deficit obstructs all those smoothly working adjustment mechanisms – i.e., flexible wages and flexible interest rates – posited by mainstream economic
theory.
Political meritocracy, in which leaders are selected on the basis of their skills and virtues, is central to both Chinese and Western political
theory
and practice.
The Darwinian
theory
of evolution has long been a dirty word among Republicans as well.
If pundits had paid attention to a well-established
theory
about the psychology of snap elections, they could have foreseen the UK election’s outcome.
But, as Smith’s
theory
shows, May’s decision to hold an early election tipped her hand to voters, who probably suspected that she was exploiting her informational advantage to reinforce her own political position.
According to Smith’s theory, any leader who calls a snap election should expect to see his or her support decline, as has just occurred in Britain.
But this
theory
is not convincing.
Another, more plausible
theory
is that over the past fifteen years there have been various external challenges or shocks that have hit the country simultaneously.
This
theory
recalls that of the British historian Arnold Toynbee, according to which empires collapse because they are unable to react to external challenges.
When Yassir Arafat, the perennial PLO, Fatah, and Palestinian Authority leader, died, Palestinians in
theory
had a chance to end this history of disasters.
As with most revolutions, this one is not happening because, as Thomas Huxley surmised, a beautiful old
theory
has been killed by ugly new facts.
For a long time, economic
theory
aspired to the elegance of Euclidean geometry, where all true statements can be derived from five apparently incontrovertible axioms, such as the notion that there is only one line that connects two points in space.
In theory, by depressing aggregate demand, the combination of increased real debt and higher real interest rates could lead to further price declines, leading to even larger negative inflation rates.
Fortunately, we have relatively little experience with deflation to test the downward-spiral
theory.
India’s War on ScienceNEW DELHI – India’s junior education minister, Satyapal Singh, recently declared that Darwin’s
theory
of evolution by natural selection was “unscientific,” on the grounds that “nobody, including our ancestors, have said or written that they ever saw an ape turning into a human being.”
Its leaders and acolytes want to teach schoolchildren that evolutionary
theory
is just another hypothesis about the origin of life, equivalent to religious propositions.
When ministers question Darwinism or assert the miraculous powers of the cow, they are not merely offering a choice between a scientific
theory
and a faith-based explanation.
The prevailing
theory
held a virulent strain of the dengue virus responsible.
This correlation is reinforced by the convergence hypothesis – the benchmark
theory
for estimating an economy’s potential growth rate – which states that a rapidly growing developing economy’s real growth rate will slow when it reaches a certain share of the per capita capital stock and income of an advanced economy.
At first glance, the experiences of Asia’s most advanced economies – Japan and the four “Asian Tigers” (Hong Kong, Singapore, South Korea, and Taiwan) – seem to be consistent with this
theory.
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