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Dareka Posted 16 years ago
Grammar
Too optimistic is 2006
I got questions from this http://www.nytimes.com/2010/05/07/business/economy/07norris.html?pagewanted=2&hp.
Markets turn out to be very bad at assessing values under some circumstances. They were far too optimistic is 2006, and ridiculously pessimistic in early 2009.
I think this "is" is a typo, am I right?
The following paragraph is directly after the paragraph above.
That is not a reason to get rid of markets, if only because any alternative, like letting judges and government officials set values, would likely be worse. But it does serve as a counterpoint to the infatuation with markets that led to the creation of a virtually unregulated shadow financial system. Those who believe in regulation will point to that, and say that if this wild ride continues, it will provide further evidence that markets need adult supervision.
I think "a reason" is what is said in the above paragraph. But what nuance does "only because" have?
Isn't the writer saying that if the values are decided only by some authorities outside markets, it would likely be worse, but if markets are regulated to a degree, it's better?
Markets turn out to be very bad at assessing values under some circumstances. They were far too optimistic is 2006, and ridiculously pessimistic in early 2009.
I think this "is" is a typo, am I right?
The following paragraph is directly after the paragraph above.
That is not a reason to get rid of markets, if only because any alternative, like letting judges and government officials set values, would likely be worse. But it does serve as a counterpoint to the infatuation with markets that led to the creation of a virtually unregulated shadow financial system. Those who believe in regulation will point to that, and say that if this wild ride continues, it will provide further evidence that markets need adult supervision.
I think "a reason" is what is said in the above paragraph. But what nuance does "only because" have?
Isn't the writer saying that if the values are decided only by some authorities outside markets, it would likely be worse, but if markets are regulated to a degree, it's better?
Top answer
-- Right. It should be 'in'. I think "a reason" is what is said in the above paragraph.
- -- Right.
- It should be 'in'.
- I think "a reason" is what is said in the above paragraph.
- -- 'Only because' = the only reason (for that reason) is that....
- - - No, this is not mentioned.
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2 Answers
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I think this "is" is a typo, am I right?-- Right. It should be 'in'.
I think "a reason" is what is said in the above paragraph. But what nuance does "only because" have?-- 'Only because' = the only reason (for that reason) is that....
Isn't the writer saying that if the values are decided only by some authorities outside markets, it would likely be worse-- Yes
I think "a reason" is what is said in the above paragraph. But what nuance does "only because" have?-- 'Only because' = the only reason (for that reason) is that....
Isn't the writer saying that if the values are decided only by some authorities outside markets, it would likely be worse-- Yes
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> I think "a reason" is what is said in the above paragraph. But what nuance does "only
> because" have?-- 'Only because' = the only reason (for that reason) is that....
Thank you for answering. Is this rephrasing correct or missing the point?
"if any alternative, in which the only reason is like letting judges and government officials set the values, would be worse."
> because" have?-- 'Only because' = the only reason (for that reason) is that....
Thank you for answering. Is this rephrasing correct or missing the point?
"if any alternative, in which the only reason is like letting judges and government officials set the values, would be worse."
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