We know that our complicated tax code with its jigsaw of special preferences reduces economic efficiency.
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At the same time he rails against globalisation for emphasising economic efficiency too much.
We proved that economic efficiency and social justice are not opposites but partners in progress.
In a 1985 report the church attacked Margaret Thatcher for putting economic efficiency ahead of welfare.
In general, he concludes that American labour-market flexibility is not substantially better for economic efficiency.
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He says he wants Costa Rica to follow the Netherlands, combining economic efficiency and high social spending.
Yet, although pleasing to corporate lawyers, the Supreme Court's guideline may restrict the ability of punitive-damages courts to promote economic efficiency.
There are several other prospective employment policies that would increase the economic efficiency of colleges, but have yet to be widely implemented.
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That colossal endeavour, requiring the movement or rebuilding of railways, power plants and other infrastructure, was for security rather than economic efficiency.
Do you need further evidence that, in the words of Stigliz, "the pursuit of self-interest does not necessarily lead to overall economic efficiency"?
This is something that various environmentalists seem not to understand: the imminence of economic efficiency reduces, not increases, the argument for continued subsidy.
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Is there a conflict between the American Dream and economic efficiency?
Many existing taxes, such as those on payrolls, hinder economic efficiency.
Sound money is good policy, and economic efficiency (including lower taxes and free trade) will do most of the heavy lifting in a free, capitalist system.
The report's main author, Richard Jolly, says: "The world is rushing headlong into greater integration, driven mostly by a philosophy of market profitability and economic efficiency".
In the end, Bruce makes a case for phasing in a well-designed Value-Added Tax, both to help reduce the deficit and in the name of economic efficiency.
Institute, marshals exceptionally broad and long experience and sharp analytical focus to prove the case that the free market produces not only economic efficiency, but also justice.
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Yet it is a tangled mess, increasingly reliant on regressive taxes, such as the payroll tax, and full of subsidies that benefit rich people while reducing economic efficiency.
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Fortuitously, these cuts can enhance economic efficiency and promote growth.
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Fundamentally, this is a push against the economic efficiency gradient.
Too often of late, that liberalism has been expressed as a mere plea for economic efficiency, a technical claim that, justified or not, appears to ignore all that is human.
But if the Internet by itself seems unlikely to boost economic efficiency by as much as this, the productivity gains from information technology and the Internet together could easily come close.
Now there is an argument about economic efficiency here.
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Tax reform done right should be revenue neutral using standard CBO static analysis, but a dynamic model would predict a large revenue windfall from the overall increase in investment and economic efficiency.
However, it is the implicit costs of regulation that are more likely to generate overall negative outcomes and impair economic efficiency and growth, not to mention the inevitable unintended consequences of such regulation.
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The theorem says that the distribution of property rights, provided they are clearly assigned and transactions costs are low, has no effect on economic efficiency, because people can negotiate their way to the efficient position.
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In a very uncomfortable way, Sandy points out the dangers of our devotion to economic efficiency: when you engineer your economy to cut out waste, you design with lowest costs in mind, and redundancy is eliminated.
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But the Japanese seem more than willing to continue forgoing some economic efficiency to attain key social and political objectives -- an economy with reasonable growth that provides high wages, stable jobs and a sense of community.
At least in its later stages, Thatcherite privatisation was concerned with the restructuring of government-owned industries to introduce price mechanisms, competition and transparent regulation, to offer a share of ownership to the public, and to promote general economic efficiency.
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