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Entrepreneurs discern wise investments from those that are unproductive with the help of economic calculation.
FORBES: Since Monetary Spending Is Unequal, Who Spends Wisest?
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In so far as anybody's done any economic calculation, it demonstrates that we certainly wouldn't be better off in Nafta.
BBC: Breakfast with Frost
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If spending, however, is funded by coercion and apart from economic calculation, scarce goods are wasted, and the result is relative impoverishment, prolonged recession, and unemployment.
FORBES: Since Monetary Spending Is Unequal, Who Spends Wisest?
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At a very basic level it was an economic calculation.
FORBES: The Weak Foundations of Martel's Authoritarian Axis
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That is partly an economic calculation.
ECONOMIST: The euro crisis is a threat to non-members too
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Sober experts both inside and outside the administration realise that the economic good news cannot last forever, and that the pendulum of exponential calculation can easily swing back.
ECONOMIST: His own best case
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Spengler attributes this poke in the eye to a cold calculation by the Pacific rim types that the United States is no longer the region's dominant economic power.
CENTERFORSECURITYPOLICY: Obama's Global Makeover
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The calculation for Angela Merkel and for Germany has to be this: If all of Germany's economic might were thrown behind saving the euro would it be sufficient or could it end up de-railing the German economy?
BBC: Eurozone crisis: What Germany can learn from Italy