But this, too, is a theoretical argument.

ECONOMIST: GE/Honeywell

In fact, there is a perfectly credible theoretical argument that at this stage of the cycle, the FPC should be encouraging the banks to actually reduce their capital ratios by inflating the denominator, the value of their lending.

BBC: Who can boss the banks?

But I think that people ought to recognise what a huge and significant step this is because there is of course now no theoretical or other argument in the way of going forward.

BBC: News | BREAKFAST WITH FROST | Senator George Mitchell

As over 90% of all wine is consumed within a year of being bottled (and within 24 hours of being purchased) for most drinkers the argument about the long-term effects of plastic will seem fairly theoretical.

ECONOMIST: Plastic wine stoppers