The second argument is that the real economic damage is done not by bubbles bursting, but by mistaken policy reactions to the pop.
Bringing complicated derivative exchanges out of the shadows would enhance market-price transparency, and increased collateral requirements would reduce the risk of investors and banks being wiped out by mistaken trades that allegedly threaten the financial system.
But if the value-added figure is driven by a mistaken assessment of risk, a quite different picture emerges.
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But the problems created by our mistaken recollections affect all of society.
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The new report also highlighted the fact that rural poverty was now more dispersed than previously, something it said was reinforced by a mistaken belief that poverty was an urban problem.
One painting was mistaken by a collector for the work of David Cox.
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The blue plant food bottle could have been mistaken by Aaron as the soft drink Fruit Shoot, according to Mr Storey.
For instance, a plastic bag discarded in the sea could be mistaken by a turtle for a jellyfish, their main source of food.
He was also aware of a more immediate risk in those cold-war days: a smaller visitor (such as the one that had exploded over Siberia in 1908, flattening 2, 000 square miles of forest) might be mistaken by either superpower for a nuclear detonation and trigger Armageddon.
Mr Greenspan's presence seems to hover over every cabinet meeting, and he turns out to have a mole in Mr Reich's own department: a woman called Cindy, mistaken by Mr Reich for Mr Greenspan's piece of crumpet, who is feeding the Fed the weekly figures on applicants for unemployment insurance.
The inflation set off by Alan Greenspan's mistaken monetary extravagance in 2004 has not been fixed by his successor.
The researchers said mistaken identification by eyewitnesses was a leading cause of wrongful convictions.
"Tragically we believe this was a case of mistaken identity by the officers, " Beck said.
Attacking them on the basis that there is a bubble would then be another mistaken intervention by the state in the free market. (Mr Greenspan is a noted libertarian.) On the other hand, if there is a bubble, it will eventually burst anyway.
One or two mistaken mouse clicks by a hapless marketing staffer can lead to disaster.
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Johnston is just back from the New York Comic Con and recalls one incident where a group of V for Vendetta fans, dressed as their hero, unwittingly wandered into the Occupy Wall Street protest and were mistaken for protesters by the police.
What the commission does want the nation to strive for is a dramatic reduction in ballot spoilage -- that is, ballots thrown out due to malfunctioning equipment, confusion on the part of voters or mistaken information given by poll workers.
Police said that earlier reports that Steenkamp may have been mistaken for a burglar by Pistorius did not come from the police.
"There is the problem of plastic bags and balloons which have been ingested by leatherback turtles off Cardigan Bay when mistaken for jelly fish, " said Ms Bell.
Since the September 11, 2001 terrorist attacks, Sikhs in America have been targeted by revenge-seekers who apparently have mistaken them for Muslims, perhaps due to the traditional turbans they wear and their dark skin.
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Davis told me that Haggis was mistaken about his daughter having been ostracized by Scientologists.
She fears that scans done quickly in the field, or by inexperienced technicians, could lead to cases of mistaken identity.
In the pursuit of high achievement, our feelings got left by the side of the road, our emotions mistaken as unnecessary baggage.
This criticism rests, in part, on the mistaken notion that any close relations sponsored by U.S. citizens come to America quickly as permanent residents.
Though Frick, like Carnegie, stood at only five feet three inches (at a time when the average man was five feet seven), and was white-bearded by now as well, he would never be mistaken for Santa Claus.
Early nerve damage caused by repetitive strain injuries can trigger "sick worker" syndrome--characterized by malaise, fatigue and depression, and often mistaken for poor performance, according to a new study published this month in the Journal of Neuroimmunology.
The Great Inflation of the 1970s was caused by repeated bouts of excessive money printing by the Federal Reserve and other central banks in the mistaken belief that government could eradicate the normal ups and downs of economic activity.
If I am not mistaken, these decisions and announcements are usually made by the Treasury Department.
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Sir Ian was commissioner at Scotland Yard in 2005 when the 27-year-old Brazilian was mistaken for a suicide bomber and shot seven times by counter-terrorist officers on a Tube train.
Anyone expecting the Italian to stride in accompanied by a fanfare and over-hyped expectations will have been sadly mistaken.
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