The theory explained that space is relative and not constant, and the only thing that is constant is the velocity of light.

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This, in turn, could, in theory, justify higher house prices relative to income.

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According to economic theory, this should reduce the relative price of labour and raise the global return to capital which is exactly what has happened.

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He uses a proprietary version of Elliott Wave theory and also relies on other technical indicators such as relative strength and sentiment measures.

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Attribute some of the dissatisfaction to what economist Milton Friedman dubbed "Permanent Income Theory, " which assumes that people measure where they are relative to where they expected to be a few years ago.

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And although Martin conforms to the theory that Monoposto is a 'poor man's formula', he says it is all relative in the motorsport.

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