Firstly, the financing of large individual projects is difficult
in a market economy in which CO2 is still not priced at its true environmental cost.
Central banks play an integral
role in market economies by maintaining the stability and credibility of national currencies used in those economies.
We are familiar with the thesis that
in a market economy there is free entry and free exit; also that policies must not be by fiat.
«The importance of this case is not so much the case within itself, rather it sends signals about what you can and can not
do in a market economy,» Mr Sims said.
The supposed dichotomy between Kyoto and technology is a completely false one
because in market economies, technologies are not developed to solve problems whose costs are externalized.
Economic development priorities for Aboriginal and Torres Strait Islander peoples may be broader than the creation of individual wealth or
engagement in the market economy.
For NMEs, normal value is generally determined by looking at
prices in a market economy third country (the «analogue country» method).
In the market economy based on competition, everything is commodified including human beings, and women's sexuality is traded as the most profitable commodity.
In The Case Against Perfection, Michael Sandel writes, in (despite himself) a kind of Rawlsian spirit, that «if our genetic endowments are gifts, rather than accomplishments for which we can take credit, it is a mistake and a conceit to assume that we are entitled to the full measure of the bounty they
reap in a market economy.»
Also, the government was expected to provide a safety net for those who were unsuccessful in
competition in the market economy, which is touted by economism as the salvific force.
However, if the vulgar incomes of the richest Americans result from relaxed social norms rather than from productive forces
inherent in the market economy, as Krugman surmises, then social and political changes, such as those advocated by Hollenbach and Hicks, can extend the structure of accountability to these upper echelons of the income scale.
An economic intervention is an action taken by a government or international
institution in a market economy in an effort to impact the economy beyond the basic regulation of fraud and enforcement of contracts and provision of public goods.
Appealing to the dictionary we find: «Market socialism is a type of economic system where the means of production are either publicly owned or socially owned as cooperatives and
operated in a market economy.»
The Financial Times's values are closer to those of a modern Conservative party than to any other - that it is to say, a
belief in the market economy, a limited role for the state, low taxation and maximum freedom of choice.
Servile labor disap - peared because it could not stand the competition of free labor; its un - profitability sealed its
doom in the market economy.
For citizens to live the American Dream, where they freely pursue their interests, exercise their rights, and participate
fully in our market economy, they must receive a good education, grounded in the sophisticated skills and knowledge that our free, mandatory, high - quality public education for all should provide.
One of the main dangers is appearance of a new era, where the person is going to be the subject of artificial manipulation, and genetic information will be the subject of
bargaining in a market economy.
Futures contracts trade on exchanges and play a key role
in market economies by facilitating hedging and speculation.
Sehgal works entirely in such encounters, for which he refuses the label «performance art», since the «interpreters», as he calls his team of locally recruited interlocutors, are not performers; rather, they are people with a genuine expertise or
interest in the market economy.
Then again, I believe a whole collection of blogs like this Dot Earth would be required to address the scope of the ignorance of
consumers in our market economies and how this affects the way resources are used (and misused) worldwide — not to mention how such problems of misunderstanding and misinformation should be addressed.
Put another way, electricity users pay directly for CCS research and development instead of having utilities peform that research themselves based on market pricing pressure (the usual way to get companies to do
R&D in a market economy).
An economist would have to tell me whether the «public domain upon filing» approach or another structure — assignment of copyright to the court, for instance — would best ensure the promulgation of these law
bits in a market economy such as ours.
Bitcoin's growth year on end has been routinely flouted as being over 600 percent, and while that is, of course, an impressive number, it is hard to picture what that
means in a market economy.
There's never been a popular vote that supports vouchers, so the politics here really are driven by ideology — that we should
live in a market economy, that our schools should compete, and parents should be able to choose wherever they want to go to school, and let the chips fall where they may.
Thus, the price differences at which bitcoin sells for between different exchanges will clear faster, tending towards one price, as all goods of similar quality
do in a market economy.