But Sir Nicholas supports the idea of technology subsidies as a vital part of the policy mix.
But a shift in the policy mix will not stop many European countries' debt burdens from spiralling yet higher.
The policy mix that has come along with the effort to save government budgets has been anathema, in our opinion, to an environment that encourages entrepreneurship.
The policy mix could turn out to be as inappropriate and as dangerous as it was in America in the early Reagan years of soaring budget deficits and tight money.
This came after Christine Lagarde had backed "the policy mix" ie the combination of government tax and spending policies and the Bank of England's interest rate and quantitative easing policies.
But as the Reagan years proved, normal is relative, and once the policy mix leaned in favor of growth, past presumptions about a future of sacrifice and want were quickly discredited.
The answer depends as much on the likely policy mix as today's growth differentials.
Yet, a lot of the real trade was due to presidential elections and what the new policy mix will be.
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Add to the mix any policy that further speeds up employment velocity.
Mr Ramos from Goldman Sachs said the elevated inflation figures and lacklustre growth rates were the symptoms of a policy mix based on government intervention.
The moment zombies are added to the mix, a dry public policy problem suddenly becomes a game of sorts, accessible to ordinary citizens.
Different organizations, ranging from the Bowles-Simpson Fiscal Commission to the House Budget Committee, have considered this current policy baseline to be the appropriate reference point, since it measures changes relative to the status quo, rather than the mix of expiring provisions and policy changes that would likely never be implemented.
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The market has given European leaders numerous chances to come up with some short and long term policy mix to keep the eurozone in tact.
"While the damage from the unrest could still be contained through a mix of policy measures and political consensus, prolonged tensions would weigh on the credit profile, " it said.
The exact mix between the cheap money policy of the Fed (which allowed the prices of real estate to be bid up) and the unsound lending and guarantee practices of Fannie Mae and Freddie Mac is surely part of the overall story.
But the budget document is a curious mix of the general targets normally set by a budget resolution and very specific policy proposals.
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The very bad news is that an overwhelming 88 percent oppose the solution backed by nearly all policy wonks, which is to mix tax hikes with benefit reductions.
Thanks to its particular mix of policy and culture, America has the engineers to dream up and perfect the necessary technology and the investors to fund their work.
And even reasonable choices such as the rich world's mix of fiscal austerity and loose monetary policy will have an uncomfortable impact on small, open emerging economies, in the form of unwelcome capital inflows.
The government said the yen's fall signaled that Prime Minister Shinzo Abe's policy mix of increased public spending and aggressive monetary easing, dubbed "Abenomics, " was proving successful.
Ryan said he felt fear that because Bernanke denied the Fed was responsible for the crisis, via ultra low interest rates for too long, his current policy mix could cause economic disruptions to a possibly catastrophic magnitude.
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Protecting the United States against the evolving EMP threat will require a mix of active defenses, passive defenses, and policy changes.
Such a policy, which I call the Stabilization Plan, (and here), involves a mix of military and law enforcement operations, a political and international law offensive, and the application of Israeli law in the Jordan Valley and the major blocs of Israeli settlements in Judea and Samaria.
Germany's largest neighbor, France where nuclear energy makes up three-quarters of the electricity mix said Ms. Merkel's move wouldn't sway its nuclear policy.
Part of the reason for this is the rise of Hugo Chavez and his Bolivarian revolution, which has had a mix of domestic, and foreign policy repercussions.
In the meantime, the policy of outsiders should be neither to prop it up nor shatter it to pieces, but to use a mix of hard and soft power to guide it to a soft landing.
"We will establish an energy mix with which people can feel safe in the long- and medium-term, based on our policy that we will not rely on nuclear power, " he said.
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