They wanted us to in effect believe that the bond was still providing a 10percentt annual return, even when we were paying $100 for it.
To embrace such a "law," to put it at the center of a moral philosophy or code of ethics, is to go through life scared, armed and unaware, in effect believing in nothing at all except our individual isolation.
"Members of Facebook's radical transparency camp, Zuckerberg included," David Kirkpatrick writes in "The Facebook Effect," "believe more visibility makes us better people.
This effect appears to be mediated by induction of the cAMP-dependent thyroid hormone activating enzyme type 2 iodothyronine deiodinase (D2); bile acids increase D2 activity and oxygen consumption in brown adipose tissue, an effect believed to be mediated by TGR5, not FXR (44).
In effect, Levin believes there's an irredeemable conflict of interest between an investment bank's proprietary trading and its client service: if you're going to be a market maker, he's essentially saying, you can't take a position on either side of the trade (except insofar as you need to in the short term to make the market).
Many Europeans believe that market mechanisms are simply a way for countries to break their Kyoto promises without making "genuine" cuts at home; in effect, they believe that emissions-trading is bad in itself.
More importantly, Mr Hague, who would be taking a large pay cut to do so, will in effect be demonstrating that he believes the Tories have elected a winner.
In effect, we believe that we are better social observers, and better hiders, than the people around us.
It seems misleading, in effect, to believe that the existence of "good rules" can guarantee space organisation coherent with the (abstract) aims of the said rules.
In effect, we believe that as BCG evolved it yielded daughter strains with an increased capacity for suppressing host immune responses.
