Just as with product prices, rapid increases in asset prices can distort the allocation of resources.
This view ignores the baleful effects that the state sector has on the efficient allocation of resources.
The result does seem to be a better allocation of resources than people would make by themselves.
It can distort the allocation of resources by encouraging reckless spending, for example.
David McNarry moved a UUP amendment calling for a re-allocation of resources to key public services including the health service.
Governments have to tax the private sector in order to spend, but taxes distort the allocation of resources in the economy.
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Theorizing was lacking about market efficiency and rational expectations, which together would lead to stability and the optimal allocation of resources.
It was clear that Cambridgeshire did not rely on constraints on its allocation of resources to justify its decision, the judges said.
It causes an inefficient allocation of resources resulting from the constant need to raise prices, which is also costly, e.g. restaurant menus.
Whether it will have an efficient allocation of resources is another matter.
But International Development Minister Michael Foster defended the government's allocation of resources.
Just swapping the two will create more opportunities for Gardner and fewer for Granderson, which Spratt said is the proper allocation of resources.
Strategy is about the creation and allocation of resources to the right place in the right way at the right time over time.
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Partnerships that involve an equal exchange of ideas and allocation of resources toward shared business and social objectives are more important than ever.
They are certainly making centralized decisions about the allocation of resources without regard for market prices and the decentralized knowledge that comes along with them.
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They all work well with each other, but this is certainly not the optimal organization or allocation of resources if you were designing a system from scratch.
For 90% of health care the government owns all the hospitals, employs all the doctors and nurses, politicians decide on the allocation of resources and so on.
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One of the principal preconditions of a free market and the optimal allocation of resources is an unlimited number of buyers and sellers such that none can influence prices.
Mr. Jackson:The use of administrative measures helps promote stable development in the industry, but in the longer run it will have some disadvantages in terms of the allocation of resources.
Just as conventional inflation can distort the allocation of resources, so asset-price inflation distorts economic behaviour by causing households to save too little and to pour too much money into property.
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Partnerships that involve an equal exchange of ideas and allocation of resources towards shared business and social objectives were seen by participants at BSR as being essential ingredients of social change.
Higher co-pays and deductibles in government health insurance push consumers to balance costs and benefits in deciding how much health care to consume, improving the allocation of resources in the health sector.
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Economics deals with the allocation of resources among competing preferences (of which conservation is only one), after assessing the costs and benefits of each preference as well as the opportunity costs of courses not chosen.
It is about the creation and allocation of resources to the right place, in the right way, at the right time, over time that bring to fruition your mission, vision, objectives and goals while maintaining values.
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Mr Singh's government is already hobbled by corruption scandals involving his cabinet ministers ranging from allocation of resources (mobile phone spectrum licenses and coal) to plain old-fashioned bribery allegations (money for transfer of officials to "lucrative" postings).
When coupled with progress in the housing industry and resilient consumer demand these are key elements in shaping the profile of aggregate demand and supply in the US as well as pinpointing the improved efficiency in the allocation of resources.
There are other arguments to be made about allocation of resources, whether or not the nursing home industry should exist in its current form, and so forth, but arguing that Medicare is crowding out benefits to nursing home employees is flimsy at best.
It is unlikely that any President could accomplish such an allocation of resources particularly in an era still widely perceived to be one of durable peace as well a sustained prosperity without engaging in a vigorous dialogue with the American people and seeking their mandate for a new defense build-up .
Horowitz elaborates that profits in the education sector can be expected to promote competition and innovation that lead to an increase in the quality of educational provision, better value for the customer, and a more efficient allocation of resources, a point that CCAP elaborated on it is 2010 study, For-Profit Higher Education: Growth, Innovation and Regulation.
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