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Smith defined this theoretical fund as the surplus or disposable income that could be used by the wealthy to employ others.
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Awareness of a shortfall was nonetheless there and dealt with by extending the theoretical funding of the shortfall from twenty to thirty and, ultimately, to forty years.
A separate forward stepwise multivariable model was constrained so that diseases with no burden would receive zero funding, mimicking a theoretical funding process that determines allocations proportional to the disease burden.
The figures did not represent how much donors actually gave or raised to get the jobs, the researchers said, but rather their theoretical value in fund-raising terms.
The margin on fixed-rate mortgages soared last December to over two percentage points above the banks' theoretical cost of funds, and has barely dipped since then (see chart).That has left room for the banks with little or no baggage to enter the market or expand their presence at competitive prices.
These relate to case study research, design science, professional relevance, industry funding, theoretical foundations, data warehousing, and business intelligence.
A mathematician by training, Gavaghan has spent the last 15 years undertaking theoretical medical research, funded by the Wellcome Trust and MRC, in the anaesthetics department in Oxford.
The £2bn Osborne announced for flood defences is not new and the £1bn shale wealth fund remains theoretical, as no fracking has yet happened.
For years, we were unable to identify this culprit, because no one had been able to measure funds' pure, theoretical return -- how much they would have made if they had no expenses or trading costs and were always fully invested.
But it seems that he may misinterpret the role of theoretical science and public funding in the prosperity of the American economy.If I may quote from Alexis de Tocqueville's "Democracy in America":"In America, the purely practical aspect of science is studied admirably and careful attention is devoted to that theoretical area which is closely related to its application.
Last time, we took a theoretical look at mutual funds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com