Those doing the study, Robert Arnott and Peter Bernstein, are not Ivory Tower theorists.

FORBES: The great stock illusion

This probably did not convince most game theorists.

ECONOMIST: Face value

Of course, these theorists have not acknowledged that the broadest measure of home prices, the index calculated by the Office of Federal Housing Enterprise Oversight, has yet to show home-price declines that would signal any kind of "bubble" being popped.

FORBES: Political Economy

At best Akamai looked like the folly of academic theorists who were not as clever as they thought.

FORBES: Magazine Article

Mr Abdi, remark the conspiracy-theorists, could not more surely have raised reformist hopes, and then destroyed them, if he had been on the conservatives' payroll all along.

ECONOMIST: Iranian justice

Unfortunately for the conspiracy theorists out there, Peter does not believe that the Federal Reserve and other behind the scenes players are conspiring to cause hyperinflation.

FORBES: Peter Schiff on The Crash Still to Come, Foreign Bonds, and How to Fix the US Government

Its improvised approaches, sniff theorists, cannot be scaled up and are therefore not up to the task of tackling global poverty.

ECONOMIST: Face value

Ancient alien theorists suggest that macaroni and cheese is simply too tasty to not be the creation of extraterrestrials.

FORBES: High Ratings Aside, Where's the History on History?

Then a young economist named Ronald Coase solved the riddle in his groundbreaking paper on The Nature of the Firm, which not only earned him a Nobel Prize, but influenced generations of management theorists.

FORBES: One More Reason To Applaud Marissa Mayer

Here is a paradox for the management theorists: any boss who cannot outmanoeuvre a system designed to keep him under control is probably not worth having.

ECONOMIST: Management pay