There is a correct fiscal theory of seigniorage. The issuance of return-dominated and/or irredeemable central bank money creates fiscal space and ensures that a combined monetary-fiscal stimulus always boosts nominal aggregate demand.Buiter, Willem H....
What about our body? Is it possible for thoughts and behavior to originate from somewhere other than our brain? Psychologists who study Embodied Cognition (EC) ask similar questions. The EC theory suggests our body is also responsible for thinking or problem-solving. More precisely, the mind ...
We could also worry that what is presented as an exceptional circumstance of suffering for some is the business-as-usual experience for so many who are forced to live by the market's vagaries through what are considered to be by its chief beneficiaries, both good times and bad. If there ...
That matters because theory suggests that the maximum sustainable yield that can be cropped from a fishery comes when the biomass of a target species is about 50% of its original levels. 这很重要,因为理论表明当某一目标物种的数量是原来的 50%时,人们就能够从渔业得到最大的可持续性产出。 Most f...
A bit of William Byrd would be an obvious place to start .. 5. What does the wordexacerbateprobably mean? A. settle B. reduce C. control D. worsen 6. What is the best title for the text? A. Songful Dismiss...
But there is a vast meadow of life in the middle, where the bad and the good flip-flop acrobatically. This is what convinces me to believe in the 50-percent theory. 但在生活最好与最坏部分之间有一片巨大的中间地带...
Stuart Elden, professor of political theory and geography at the University of Warwick, is another academic who has taken selfcontrol measures to limit his time on social media. “I deleted my Facebook account two months ago and I haven’t looked back,” he says. “I’ve taken Twitter off...
①Of all the components of a good night’s sleep, dreams seem to be least within our control.②In dreams, a window opens into a world where logic is suspended and dead people speak.③A century ago, Freud formulated his revolutionary theory that dreams were the disguised shadows of our unc...
The non-specialist will be able to obtain at least a notion of the sorts of data and argument that support evolutionary theory.非专业人士起码可以从中了解支持进化论的各种数据和观点。The final chapter on the creationists will be extremely clear to all.关于创世论者的最后一章对每个人来说都阐述得...
“You will only get what you’ve gotten if you keep doing what you’ve done.” “如果你一成不变,只会得到你过去得到的那些东西。” You probably already know the definition of insanity is repeatedly doing the same thing while expecting a different outcome each time. Yet, this is precisely ...