Theory
in sentence
2204 examples of Theory in a sentence
In theory, inflation (particularly commodity-induced inflation, as in 1973 or 1979) could precipitate a collapse.
In theory, as the “fiscal cliff” set for January 1, 2013, approaches, fearful investors should start dumping bonds now.
But, whether any particular system is efficient in avoiding moral hazard is a matter of practice, rather than of
theory.
Quantum
theory
- the branch of physics that deals with elementary particles and the microscopic properties of matter - has produced some of our deepest insights into nature, and describes some startlingly counter-intuitive phenomena.
The equations of quantum
theory
describe this phenomenon step by step.
No other branch of physics involves such wide-ranging interaction between theory, experiment, technology, and philosophy.
This fact – a defect inherent in the system – contradicts the generally accepted
theory
that financial markets tend towards equilibrium and deviations from the equilibrium occur either in a random manner or are caused by some sudden external event to which markets have difficulty in adjusting.ampnbsp;
The current approach to market regulation has been based on this
theory
but the severity and amplitude of the crisis proves convincingly that there is something fundamentally wrong with it.
I have developed an alternative
theory
which holds that financial markets do not reflect the underlying conditions accurately.ampnbsp;
One view – dubbed the domino
theory
– claims that if Greece exited, markets would immediately start wondering who is next.
The other view – often dubbed the ballast
theory
– claims that the eurozone would actually be strengthened by Greece's withdrawal.
Back in 2012, the domino
theory
looked realistic enough that the creditor countries ditched the Grexit option.
The Borders of LiberalismWhen it comes to whether and how to regulate the economy, Western societies have a history of liberal
theory
upon which to rely.
Discrimination in inheritance is long gone, and equal pay for equal work is accepted in theory, though a gender bias persists (as it does for selection to senior posts).
This harks back to the old labor
theory
of value, which contended that all value was created by work.
Although market value may be determined by consumer demand, as economic
theory
has it, these preferences are themselves the result of socially structured gender biases.
Ideas drawn from trade
theory
– such as specialization and comparative advantage – were used to explain why in the developed world men tended to work outside of the home and women within it.
The early-twentieth-century liberal experiment, when Egypt adopted the Arab world’s first comprehensive constitution (in 1923), took the state away from Ali’s family and (at least in theory) gave it to the people.
In theory, the state and the market are gender-blind: in practice, they are not.
Researchers at Harvard University and Tsinghua University say that wind power could, in theory, produce all of China’s electricity for the price of coal by 2030.
Central bankers’ belief that controlling inflation was necessary and almost sufficient for growth and prosperity had never been based on sound economic theory; now, the crisis provided further skepticism.
Indeed, a small but influential cult touts the Hungarian-American mathematician John von Neumann’s “singularity”
theory.
Most Westerners believe in a
theory
of liberal evolution, according to which sustained economic growth, by increasing wealth and the size of the middle class, gradually makes a country more democratic.
While the long-run record of this
theory
is irrefutable, China’s authoritarian ruling elite is not only determined to hold on to power, but it also has been smart enough to take adaptive measures aimed at countering the liberalizing effects of economic development.
John Stewart Mill vs. the European Central BankBERKELEY – One of the dirty secrets of economics is that there is no such thing as “economic theory.”
In theory, enough quantitative easing implies future inflation, motivating people to buy big-ticket items, like cars and appliances, now to avoid the run-up in prices later.
The
theory
is that the government, as the agent of the people, collects taxes and delivers public goods in return.
In other words, ordinary people should not be made to suffer for the foibles of policymakers enthralled by some defunct economic
theory.
Today, the defunct economic
theory
is that a rapid shift in preferences – colorfully called a “reduced appetite for risk” – is the key reason behind the current sub-prime mortgage and financial crisis.
Some on the left, motivated in part by revulsion against financial types who are thought to reap unjustified incomes, have joined forces with conventional economists, whose almost religious belief in their models has blinded them to the harm their dubious economic
theory
can do to the real economy and the interests of ordinary people.
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