theory

These actions are part of a pattern where Kennedy promotes unproven theories while the agency under leadership has issued assessments citing sources that did not exist.

Republican leaders in California who oppose the ballot measure have expressed concern about the ballot conspiracy theories, fearing the claims may suppress Republicans and others from voting against Proposition 50.

“Here the lessons from economic theory are clear: So long as inflation expectations are anchored, increases in prices due to supply effects do not turn into an inflation problem,” Paulson said.

The writer pointed to the standard empirical data points – consumer confidence, morale, the usuals – but eventually landed on the basic plausible theory that chasing down conspiracies is just plain fun.

Holding macroeconomic policy hostage to eccentric theories about trade and personal vendettas against central bankers is another.