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.
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.
They could also allow the creation of new encryptions methods that would be, in theory, unbreakable.
That problem, in theory, is now being addressed, with the creation of the new Financial Policy Committee at the Bank for example.
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.
The Louisiana Science Education Act (LSEA), the brainchild of the LFF, with the support of the notorious Discovery Institute, and signed into law by Governor Bobby Jindal in 2008, effectively allows creationists in towns and districts to introduce creation science and intelligent design theory (ID) into the public school science classes under the guise of academic freedom.
The academic concept of efficient market theory that prices already reflect all available information has led to the creation of index-tracking funds that allow investors to own a diversified portfolio at very low cost.
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.
FORBES: To Fund The Federal Government We Don't Need Federal Taxation
What he gave me was a disquisition on the theory and history of American health-care financing going back to Lyndon Johnson and the creation of Medicare, the upshot of which was: (1) Government is the problem in health care.
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