Word: logical
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...that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then why would oil prices ever drop? Kinsley's logic does not follow. Ryan Young and Drew Tidwell, Competitive Enterprise Institute, WASHINGTON...
...that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then why would oil prices ever drop? Kinsley's logic does not follow. Ryan Young and Drew Tidwell, Competitive Enterprise Institute, Washington...
Risk-taking, by definition, defies logic. Reason can't explain why people do unpredictable things - like betting on blackjack or jumping out of planes - for little or, sometimes, no reward at all. There's the thrill, of course, but those brief moments of ecstasy aren't enough to keep most risk takers coming back for more - which they do, again and again, like addicts...
...special circumstances. "The Declaration of rights in Article I gives certain rights a privileged status," Brown told TIME. "Those rights, including the right to marry, are in a unique position. And while we cite no precise precedent saying so, our argument does follow from that position, and from the logic of the marriage case itself...
...everyone pays for their oil," says Nick Butler, chairman of Energy Studies at Cambridge University's Judge Business School. A key objective, adds Robert Mabro, president of Oxford University's Institute for Energy Studies, would be to negate the impact of financial speculators on oil markets. "There is no logic in the world for oil to go from $50 to $147 in six months, and back to $43," he says...