Sentences with phrase «objective economic fact»

To say that clean energy «costs more» is not a statement of objective economic fact; it's a political statement that makes sense only given a contingent set of laws, practices, and market institutions.

Not exact matches

Another major difference lies in the fact that in market economies not be possible to achieve rationality in the operation of the economic system of a country because the state does not exercise with effective planning and control of the economy, while in state planned economies this rationality can be performed in the formulation of objectives (performance standards) either in the correction of deviations between what was planned and what was achieved through the action of the State.

But it is naïve to think that crisis management, through even the best journalism, will overwhelm deliberate efforts to color the facts in order to achieve philosophical or economic objectives.

Accordingly, it follows from all of the foregoing that, in view of the objectives underlying Article [107 (1) TFEU] and the private investor test, an economic advantage must — even where it has been granted through fiscal means — be assessed inter alia in the light of the private investor test, if, on conclusion of the global assessment that may be required, it appears that, notwithstanding the fact that the means used were instruments of State power, the Member State concerned conferred that advantage in its capacity as shareholder of the undertaking belonging to it.»