It may or may not work of course but the basic theory is entirely plausible.
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People who do actually know their physics have made the same point: that what has been discovered is a measurement error, not a flaw in the basic theory.
Professor Neumark summarized some of their findings in a column published in the Wall Street Journal last summer, and he discusses the basic economic theory (and the evidence) in a short, accessible 2006 Policy Study for the Show-Me Institute.
That's the basic economic theory of hospitals, and it explains why hospital bills are out of sight.
The basic asset allocation theory that caught on was based on some long-term data and showed the value of blending stocks, bonds and cash.
We quickly realized that technically what we had engineered was out of the reach of most individuals and many nonprofits and that most didn't understand the basic game-theory of crowd-sourced fund raising.
Their willingness to pour so much of their earnings back into the business also conflicts with basic corporate theory, which is that insiders are more concerned about diversifying their holdings.
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By the early 1990s the amyloid theory attracted the interest of Lansbury, then at MIT doing basic research on how proteins fold into their complex final structures.
His basic principle was the broken-window theory: If you don't fix one window in the building, another will be broken and then another, and eventually the whole block will be lost.
This concern prompted 49 former NASA scientists and astronauts to send a letter to NASA Administrator Charles Bolden on April 10, admonishing the agency for its role in advocating a high degree of certainty that man-made CO2 is a major cause of climate change, while neglecting basic empirical evidence that calls the theory into question.
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By the early 1990s the amyloid theory attracted the interest of chemist Peter Lansbury, who was then at MIT doing basic research on how proteins fold into their complex final structures.
When it comes to welfare reform, questions of religious faith, political theory, economics and behavioural psychology all converge on the same basic issue.
Basic economic theory tells us that a company should be worth the net discounted value of the dividends that will be received from it.
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In theory, these bets promised large profits at little risk: MF Global revealed the basic components of its European bet in May, prompting no evident concern in markets.
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And as basic economic theory tells us, in any given system, when you increase supply without boosting demand, the result is that prices fall.
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