Economists say shoplifting is common because it is a relatively unskilled crime with low entry barriers that can be fitted into a normal lifestyle.

Economists say that there is " conditional beta-convergence " when economies experience " beta-convergence " but conditional on other variables being held constant.

Economists deal with utility rather than physical weights, and say that

Economists work in many fields including academia, government and in the private sector, where they may also "... study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes.

Economists use the term representative agent to refer to the typical decision-maker of a certain type ( for example, the typical consumer, or the typical firm ).

Economists generally agree that a country is insolvent, if its foreign debt surpasses 50 percent of its GDP.

* Economists such as Burton Malkiel suggest that neither fundamental analysis nor technical analysis is useful in outperforming the markets

Economists see both a rapid increase in the money supply and an increase in the velocity of money if the ( monetary ) inflating is not stopped.

Economists have also shown that IP can be a disincentive to innovation when that innovation is drastic.

Economists usually teach that to some degree recession is unavoidable, and its causes are not well understood.

Economists view firm specific human capital as risky, since firm closure or industry decline lead to skills that cannot be transferred ( the evidence on the quantitative importance of firm specific capital is unresolved ).

* Economists and political scientists often associate the term with approaches using rational choice assumptions, especially game theory and social choice theory, in explaining phenomena beyond economics ' standard remit, such as corruption, government failure and complex decision-making in which context the term " positive political economy " is common.

Economists and political economists often disagree on what is preeminent in developing production, market, and political structure theories.

Economists generally believe that deflation is a problem in a modern economy because they believe it may lead to a deflationary spiral.

He is a trustee of Economists for Peace and Security.

The Economists primary focus is world news, politics and business, but it also runs regular sections on science and technology as well as books and the arts.

Economists argue that one of the factors behind the differing economic development in Africa and Asia is that in Africa, corruption has primarily taken the form of rent extraction with the resulting financial capital moved overseas rather than invested at home ( hence the stereotypical, but often accurate, image of African dictators having Swiss bank accounts ).

Economists counter that deflation is hard to control once it sets in and its effects are much more damaging than modest, consistent inflation.

He is a trustee of the Economists for Peace and Security.

Economists would label this behavior " irrational ": it is inefficient because it misallocates resources by depending on information that is irrelevant to the decision being made.

Economists such as Tim Harford in the Undercover Economist have argued that this is a form of price discrimination: by providing a choice between a regular and premium product, consumers are being asked to reveal their degree of price sensitivity ( or willingness to pay ) for comparable products.

Economists use the term " double taxation " in reference to the tax on dividends due to the fact that dividend income is paid out of corporate profits and represent a portion of the profit stream owned by shareholders.

Later becoming editor-in-chief of The Economist, which had been founded by his father-in-law, James Wilson, in 1860, Bagehot expanded The Economists reporting on the United States and on politics and is considered to have increased its influence among policymakers over the seventeen years he served as editor.

Economists distinguish moral hazard from adverse selection, another problem that arises in the insurance industry, which is caused by hidden information rather than hidden actions.

He is a trustee of the Economists for Peace and Security, and co-director of the Social Interactions, Identity and Well-Being program at the Canadian Institute for Advanced Research ( CIFAR ).

He is also a recipient of the Albert Schweitzer Prize for Humanitarianism and a trustee of Economists for Peace and Security.

Economists ’ principles are not acceptable to all ; nor is insistence upon consistency between the treatment of owner-occupied dwellings and other durables.

Economists typically use the term consumption in a way that is far broader than merely purchasing something.

Economists more frequently attribute this problem to the category of moral hazards, the prospect that a party insulated from risk may behave differently from the way they would if they were fully exposed to the risk.

Economists Michael C. Burda and Charles Wyplosz provide an illustration of what can happen if a nation tries to pursue all three goals at once.

Economists such as Milton Friedman, Friedrich Hayek and Brink Lindsey argue that if the market is eliminated along with property, prices, and wages, then the mode of information transmission is eliminated and what will result is a highly inefficient system for transmitting the value, supply, demand, of goods, services, resources, along with an elimination of the most efficient mode of market transactions.

Economists explain moral hazard as a special case of information asymmetry, a situation in which one party in a transaction has more information than another.

Economists sometimes define price more generally as the ratio of the quantities of goods that are exchanged for each other.

Economists estimated that the extra attendance Fidrych generated around the league in 1976 was worth more than $ 1 million.

Economists Stephen Moore and Richard Vedder have written in the Wall Street Journal that every new dollar of new taxes leads to more than one dollar of new spending according to their research.

Economists estimate that the University has created at least 3, 000 new jobs within Lincoln and that it generates more than £ 250 million every year for the local economy-doubling previous local economic growth rates.

* Economists from Adam Smith to Paul Krugman have noted that similar businesses tend to congregate geographically (" agglomerate "); opening near similar companies attracts workers with skills in that business, which draws in more businesses seeking experienced employees.

Economists have long since assumed that higher monetary compensation will lead agents to work more.

Economists, however, are somewhat more optimistic about rail transit's impact on economic development.

Economists and businesspeople are often primarily concerned with the economic effects, but other intellectuals and workers are often more concerned with the non-economic effects for the health, security and wellbeing of citizens.

Economists usually follow Cagan ’ s description that hyperinflation occurs when the monthly inflation rate exceeds 50 %.

Economists like Ernest Dupuis III argue that sunk costs are not taken into account when making rational decisions.

Economists Dani Rodrik and Jeffrey Sachs have separately noted that there appears to be little correlation between measured economic freedom and economic growth when the least free countries are disregarded, as indicated by the strong growth of the Chinese economy in recent years.

Economists Paul Krugman and Maurice Obstfeld present a theoretical model in which they state that the balance of payments crisis occurs when the real exchange rate ( exchange rate adjusted for relative price differences between countries ) is equal to the nominal exchange rate ( the stated rate ).

Economists, biologists, psychologists, sociologists, and political scientists alike are studying when people are selfish or cooperative in a social dilemma.

Economists Betsey Stevenson and Justin Wolfers argue that their research proves when states allow no-fault divorce, domestic violence declines, as does female suicide.

* Changing tastes: Economists assume that individual preferences are constant, when in fact such preferences are not fixed but increasingly mutable, shifting constantly according to the latest trends and cultural norms.

Economists then debate about when a price can be said to be " objective ".

Whilst, as observed, The Economists editorial stance was pro-American when it came to postwar international alliances, it was not always so.