The most basic economic cost of any regulation is that scarce resources like labor must be used in compliance efforts.
Second, safeguarding the environment, for instance by ensuring that scarce resources are priced appropriately, and by strengthening environmental property rights, also contributes to sustainable economic growth (properly measured).
He teaches that we should be frugal with resources that are scarce and costly, but can waste resources that are abundant and cheap.
To the extent that scarce hard currency resources must be outlayed to repay debt obligations, such funds are unavailable for urgently needed investment and other stimuli to economic growth.
Recessions reflect the market transference of scarce resources from that production geared to an outmoded reality (massive housing starts, etc.) and into a new paradigm satisfying the demands of the future.
What Cooper and his allies must remember is that marriage licenses are not scarce resources to be horded but a doorway to more than 1, 000 federal benefits and the public declaration of love.
They are creating technologies that will allow us to go from battling over scarce resources to debating how we share and distribute the bounty that we create.
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Economics studies how man interacts with the environment transforming scarce resources into products that enrich life.
It is quite right to ensure that we don't squander scarce resources in delivering public services.
Let's revamp these systems so that we invest our scarce public workforce resources in the skills our economy needs.
Economics is the study of how we transform scarce resources into products that best satisfy our unlimited wants and needs.
Looking to the future, it becomes readily apparent that complexity, competing interests and scarce resources remain the greatest obstacles to progress on the global agenda in the absence of greater leadership and global stewardship.
"Simon Thomas has spread so much confusion about the census that there is a real danger that Wales will miss out on scarce resources if peope believe his scare stories and refuse to fill their forms in, " he said.
Think about it: ideally, we would like a sustainability metric that penalized people for the use of scarce resources, with the penalty increasing the scarcer the resources become.
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Senator Kirk is right that we ought to be focusing our scarce resources on protecting the people in these communities from the people who would prey on our youth for their own financial gain.
If we assume monkeys and humans share the same basic mental programming--an assumption some economists refuse to accept--then looking at how monkeys cooperate with each other and consume scarce resources might show certain patterns that are common to all primates.
That can seem especially challenging in small towns, which have scarce resources and limited alternatives.
They reckon that closures of some hospitals, with a consequent pooling of scarce resources, would enable those left to provide better care.
Detroit neighborhoods with more people and a better chance of survival will receive different levels of city services than more blighted areas under a plan unveiled Wednesday that some residents fear may pit them against each other for scarce resources.
The workplace is a political environment where decisions about who gets ahead, who gets access to scarce resources and plum assignments are made behind closed doors, doors that are often closed to women.
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Every modern PC and operating system retains the flaws of initial product designs that go way back to a time when compromises were needed because system resources were scarce.
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But also recognize that you can preserve and enhance the impact of your contribution by ensuring that the politicians asking for your support in 2012 are committed to investing our scarce public resources in what actually works.
While defending Haier's strategy, Zhang Ruimin acknowledges that two constraints are already being felt even as the company gears up for international expansion: scarce financial resources and a shortage of qualified staff.
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