It sets a measure applicable in theory, and increasingly in practice, to all things, inviting us to monetize everything.
FORBES: Gawker, Bain, Romney, And Why Wealth Isn't All About Inequality
Response to gaze is reckoned to be a good measure of the development of theory of mind in human children.
ECONOMIST: Now, it seems, even the bird-brained have theories of mind
They will also tell you that the fiscal gap is the only measure of fiscal sustainability recognized by economic theory.
The costs, even though the estimations are usually out by a factor of between 2x and 10x, is in theory at least simple to measure.
FORBES: All High Speed Rail Programs Must be Cancelled and the Numbers Calculated Again
In fact, the relativistic offset correction Easton applied to that satellite is still used by every GPS satellite now in orbit, and it also helped to experimentally verify Einstein's theory of relativity for good measure.
ENGADGET: GPS pioneer Roger L. Easton inducted into National Inventors Hall of Fame
Attribute some of the dissatisfaction to what economist Milton Friedman dubbed "Permanent Income Theory, " which assumes that people measure where they are relative to where they expected to be a few years ago.
This makes it (in theory) a good benchmark against which to measure their bonuses and other perks.
ECONOMIST: The ultimate measure by which a company is judged
In theory, these tests provide a great preventive measure for all employees and a simple way to nip anything bad in the bud.
And Medicare is considering site of death as a quality measure for end-of-life care, on the theory that dying at home may be less stressful than dying in an institution.
In theory, this ought to give Congress, the administration and the Pentagon a measure of control over private firms.
ECONOMIST: Private security firms in Iraq: Dangerous work | The
What economic theory tells us is to look at the entire projected path of policy, measure its fiscal gap, and decide on the basis of the size of its fiscal gap whether the policy is sustainable.
Another former U.K. rate-setter and arch-dove, David Blanchflower, has pointed out that even if nominal-GDP targeting was a good idea in theory, it is a bad idea in practice because nominal GDP is hard to measure and prone to large revisions.
应用推荐