Taking just one example, the development of much of modern physics (from quantum theory to the creation of the atom bomb) owes its success to teamwork.

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In a number of states, the struggle between religious and secular approaches to education has focused on the teaching of evolution - with disputes over whether Darwin's theory of evolution or the biblical creation story should be taught.

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They could also allow the creation of new encryptions methods that would be, in theory, unbreakable.

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That problem, in theory, is now being addressed, with the creation of the new Financial Policy Committee at the Bank for example.

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According to this theory it is the artificial lowering of interest rates and creation of excess credit by a central bank's monetary policy that causes investors to erroneously believe that economic conditions are better than they actually are, leading to an abundance of overconfidence.

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In theory, again, if the U.S. government is good at money-creation, it should be able to procure from around the world all sorts of goods and services for the new money it creates.

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