You don't have to be an expert in public choice theory to understand that when the government owns companies that directly benefit
from economic distortions, the incentives to remove those distortions are pretty low.
Not exact matches
However, the
distortion of the debate by Trump and other politicians creates a danger that resources will be misdirected
from more pressing infrastructure needs, such as aged water pipes leaching lead and schools - or
from projects that will have a considerable regional
economic impact.
But it said that «
distortions»
from seasonal adjustment and «payback»
from the unusually warm winter — which drew
economic activity forward
from the spring — seemed to be part of the explanation.
In the standard
economic framework the economy is always at or close to equilibrium, and when exogenous shocks or policy
distortions push it away
from equilibrium it is only temporary.
Accounting earnings may have rebounded
from 2015 lows, but
economic earnings — which reverse accounting
distortions and account for the weighted average cost of capital (WACC)-- remain in a persistent downturn.
Nonetheless, as Draghi's remarks imply, the unleashing of massive new money into bond markets via QE is causing
distortions, with some bond prices increasingly disengaged
from economic fundamentals.
While tax credits create
distortions with little
economic gain and require higher marginal rates, Canadians who use these credits will see their total tax bill rise
from their elimination.
The
economic gains
from such deals come only partly
from the efficiency gains that emerge
from removal of
distortions to prices; however, an important feature of these agreements is that they address the various rules under which trade and investment take place.
While
economic theory lends no general support to the idea that removing
distortions from one market must lead to an improvement in general welfare, much free - market politics assumes that it does so.
If the ultimate cause of the problem was
distortion from economic incentives, you have to ask yourself, «What is the
economic incentive and how can we address it to reduce or eliminate it?»
The main opposition to that is
from the coal - financed Electric Power Research Institute, which makes a business out of
distortion of
economic models to «prove» that renewables are just too expensive.
notrickszone / 2012/01 / germanys - solar - debacle - is - a-massive-money-pit / notrickszone / 2012/01 / expert - energy - transition - to - fail - spectacularly / notrickszone / 2012/02 / 600000 - households - without - power / notrickszone.2012 / 03 / energy - transformation - is - a-flop-takeover-looms / notrickszone / 2012/05 / energy - unaffordable - for -600000-households / notrickszone / 2012/05 / europes - co2 - output - climbs / notrickszone / 2012/06 / renewable - energy - tsunami - of - costs / notrickszone / 2012/09 / forbes - germany - insane - or - just - plain - stupid / notrickszone.2012 / 09 / 23 / renewables - drive - is - turning - to a-disaster / notrickszone.2012 / 12 / redistributes - wealth -
from - the - poor - to - the - rich / notrickszone.2013 / 02 / feed - in - act - will - lead - country - to -
economic - ruin / notrickszone / 2013/02 / co2 - emissions - rose - despite -1-trillion-euros notrickszone.2013 / 04 / 22 / green - energy - basket - case notrickszone.2013 / 06 / energiewende - web - of - grotesque -
distortions notrickszone.2013 / 06 / - solar - industry - ends - in - a-debacle notrickszone.2014 / 02 / failed - energiewende - dissuades - abbott notrickszone.com/2014/02/26/all-pain-and-no-climate-gain notrickszone.com/2014/03/feed-in-act-belongs-in-the-dustbin/ notrickszone.com/2014/03/stinging-parody-of-renewable-energies notrickszone.com/2014/03/obsolete-model-headed-for-failure notrickszone.com/2014/03/stunning-absurdity-
from-germanys-wind notrickszone.com/max-planck-energiewende-bordering-on-suicide — See more at: http://notrickszone.com/2014/12/09/energiewende-takes-a-massive-blow-top-green-energy-proponent-concedes-blunder-with-ugly-consequences-huge-blow-to/#sthash.MKZjSqy8.dpuf