These passages show beyond doubt that self - interest plays a crucial role in Adam Smith's understanding
of economic processes.
According to the national economics standards, students should be taught only the «majority paradigm» or «neoclassical model» of economic behavior, for to include «strongly held minority views
of economic processes risks confusing and frustrating teachers and students, who are then left with the responsibility of sorting the qualifications and alternatives without a sufficient foundation to do so.»
On the other hand, a society in which conscious control
of economic processes is undertaken for the common good encourages the growth of moral personalities.
For instance members of both the left and the right are quite convinced of the infallibility of their views
of economic process.
Not exact matches
And as a small business owner, you're likely concerned about a looming Congressional impasse, which could knock the wind out
of the economy's momentum — shaving the country's
economic output and your sales figures in the
process.
During the the fall
economic update in November, the Liberals proposed the Global Skills Strategy, promising to fast - track the
process of securing work permits and visas for foreign high - skilled individuals.
«We hope this is the start
of a serious negotiation
process that leads to a more open Chinese market and protects U.S. jobs and
economic growth.
Such factors include, among others, general business,
economic, competitive, political and social uncertainties; the actual results
of current and future exploration activities; the actual results
of reclamation activities; conclusions
of economic evaluations; meeting various expected cost estimates; changes in project parameters and / or
economic assessments as plans continue to be refined; future prices
of metals; possible variations
of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure
of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and other risks
of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion
of development or construction activities, as well as those factors discussed in the section entitled «Risk Factors» in the Company's Annual Information Form for the year ended December 31, 2017 dated March 15, 2018.
However, although the BCC believes the country will manage to avoid recession, it does anticipate slowing
economic momentum over the next two years given higher inflation trends and a continued lack
of clarity about the
process by which the U.K. leaves the EU.
The four - hour meeting in Paris last Friday between the French President Emmanuel Macron and the recently re-elected German Chancellor Angela Merkel was an attempt to revive the two countries» erstwhile role in leading the
process of the European
economic and political unification.
The greatest success to come out
of the MDG
process is the product
of messy, decentralized and often chaotic
economic growth.
Actual results and the timing
of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing
of, and risks relating to, the executive search
process; risks related to the potential failure
of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies
of eptinezumab sufficient to achieve a positive completion; the availability
of data at the expected times; the clinical, therapeutic and commercial value
of eptinezumab; risks and uncertainties related to regulatory application, review and approval
processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture
of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights
of others; the uncertain timing and level
of expenses associated with Alder's development and commercialization activities; the sufficiency
of Alder's capital and other resources; market competition; changes in
economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report on Form 10 - K for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC) on February 26, 2018, and is available on the SEC's website at www.sec.gov.
Rather than a political failure, the decline
of manufacturing employment is a natural
economic process that many industries, like agriculture, have gone through in past eras.
After the
economic collapse
of 2008, Washington injected billions
of dollars into automakers General Motors and Chrysler as the first step
of a quick bankruptcy
process.
No new grandiose neologism (the favourite
of late is «North American energy security,» which presumably aims to get Americans to think about the energy market as the missing piece in the larger
economic integration
process underpinned by NAFTA).
What Beijing seems not to understand is that current pessimism about the Chinese economy has less to do with the recent spate
of bad news than with the lack
of reliable data on the Chinese economy and the opacity
of Beijing's
process of economic policymaking and its intentions.
An Organization for
Economic Cooperation and Development report a few years ago concluded that «a key cause
of the underlying fall in manufacturing employment everywhere is rapid productivity growth, whether by restructuring inefficient plants or deploying skills, knowledge, technology and new
processes to boost efficiency.»
The rise
of the service sector in the Canadian economy is a natural
process that is leading to high - quality jobs and supporting the return
of sustained
economic growth, Bank
of Canada Governor Stephen S. Poloz said today.
Mnuchin remarked on the
process during an appearance at The
Economic Club in Washington, D.C. after being asked about the topic
of bitcoin.
But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European
economic policy for years: that the path to sustained
economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust
of bond markets and other investors by displaying commitment to fiscal prudence — even if that
process imposes deep
economic pain as it plays out.
The FDIC had received requests both to clarify the de novo
process and eliminate the LLC - related filings as part
of the decennial
process required by the
Economic Growth and Regulatory Paperwork Reduction Act.
Superficially, it's obvious why: There are the global - scale
economic and political effects a manipulated outcome could have, and the psychological appeal
of attacking a democratic
process that the US holds on a pedestal.
In addition, the Presidential Memorandum ordering the Department to reconsider its legal and
economic analysis was issued only 67 days before the applicability date and generated a high volume
of comments; it would have been impracticable for the Department to finish any public rulemaking
process quickly enough to provide an effective date 30 days after publication.
As we have argued before (Time to Make the Budget Planning
Process More Accountable, Transparent and Prudent — November 2010 www.3dpolicy.ca), we would strongly recommend that you use the Department
of Finance's
economic forecast rather than average
of private sector forecasts, arguing that the Department's
economic forecasts provide the most accurate basis for budget forecasting.
In an address to the
Economic Club
of Las Vegas last week, President and CEO
of the Federal Reserve Bank
of San Francisco John Williams said the Fed will likely begin the
process of monetary normalization as soon as next quarter.
Adopting agile
processes and methods will allow businesses to keep up with the fast pace
of social and
economic changes around them.
In «Mushrooms and Yeast: The Implications
of Technological Progress for Canada's
Economic Growth,» author Peter Howitt finds that rather than focusing on supporting specific industries, governments should encourage and harness economic growth through a process of «creative destruction
Economic Growth,» author Peter Howitt finds that rather than focusing on supporting specific industries, governments should encourage and harness
economic growth through a process of «creative destruction
economic growth through a
process of «creative destruction.»
A strengthened and more independent Parliamentary Budget Office would promote greater understanding
of complex budget issues; it would force the government to defend its
economic and budget forecasts; it would promote a straightforward and more understandable and open budget
process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political parties.
The relationship between monetary policy and financial stability may depend on the specific
economic conditions in which we find ourselves.6 Moreover, the
processes resulting in financial cycles, with periods
of unsustainable debt buildup, occasional crises and periods
of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.
The HFRI Macro (Total) Index is managed by trading a broad range
of strategies in which the investment
process is predicated on movements in underlying
economic variables and the impact these have on equity, fixed - income, hard currency, and commodity markets.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval
process; delays in utility - scale project construction; delays in the completion
of project sales; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval
process; delays in utility - scale project construction; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 20, 2016.
As part
of the changes to the budgetary
process in 1994, four private sector forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average
of the private sector
economic forecasts and the tax and spending policies in place at the time
of the last budget for the next five years.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact
of modifications to our operations and
processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits
of such transactions, including with respect to the Merger; the substantial level
of government regulation over our business and the potential effects
of new laws or regulations or changes in existing laws or regulations; the outcome
of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security
of our information technology and other business systems; unfavorable industry,
economic or political conditions, including foreign currency movements; acts
of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits
of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration
of the businesses
of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion
of management's attention from ongoing business operations and opportunities during the pendency
of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability
of financing, including relating to the proposed Merger; effects on the businesses as a result
of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.express-scripts.com.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval
process; delays in utility - scale project construction; cancelation
of utility - scale feed - in - tariff contracts in Japan; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
The overall goal
of this
process is to deliver relatively stable risk - adjusted returns through various
economic and investing cycles.
In the
process, the Fed's actions and pronouncements can influence the expectations and confidence
of consumers and businesses and, thereby, what they do in the various
economic and financial market places.
A strengthened (more resources), and more independent (report to Parliament) PBO would promote greater understanding
of complex budget issues; it would strengthen credibility by encouraging simplification and forcing the government to defend its
economic and budget forecasts; it would improve the budget
process by promoting a straightforward and more understandable and open
process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan it would provide analysis and research to all political parties.
We have strongly recommended in the past that the Government use the Department
of Finance's
economic forecast rather than the average
of the private sector
economic forecasts (see «Time to Make the Budget Planning
Process More Accountable, Transparent and Prudent» November 2010: www.3dpolicy.ca).
«The social,
economic and political consequences
of this impending energy crisis should not be underestimated,» the U.N. special coördinator for the Middle East peace
process, Nickolay Mladenov, warned last month, about the Gaza crisis.
Converting GAAP data into
economic earnings should be part
of every investor's diligence
process.
«The market went through a
process of pricing down China because
of the
economic forecast, but what's important to note is that the relationship between GDP growth and equity markets is almost always non-existent,» Gendreau says.
It is completely appropriate to point fingers
of blame at politicians and so - called «
economic development agencies» — especially the failed Wisconsin Economic Development Corp. — that were asleep at the switch as the Kraft Heinz food - processing conglomerate prepared to shutter its almost 100 - year - old Oscar Mayer plant in
economic development agencies» — especially the failed Wisconsin
Economic Development Corp. — that were asleep at the switch as the Kraft Heinz food - processing conglomerate prepared to shutter its almost 100 - year - old Oscar Mayer plant in
Economic Development Corp. — that were asleep at the switch as the Kraft Heinz food -
processing conglomerate prepared to shutter its almost 100 - year - old Oscar Mayer plant in Madison.
The Washington Consensus on global
economic policy is dead World economy faces heightened risk
of fragmentation, nationalismBuilding support for a new unifying
economic paradigm to replace the discredited Washington Consensus will be an analytically challenging, politically demanding, and time - consuming
process, writes Mohamed El - Erian.
BEIJING / WASHINGTON — Top Chinese and American officials have begun the long
process of sorting out trade frictions between the two
economic superpowers, with the stakes raised higher by a new U.S. threat to impose restrictions on tech companies ZTE and Huawei Technologies.
They could also restrain or reverse the ongoing
process of global
economic integration, most notably the development
of global value chains, which has supported growth in recent decades.
In effect, many
of the basic
economic and ideological conflicts
of the country were built into the commission from the outset, and the
process of writing a report inevitably became an effort at consensus building.
«Meanwhile, other jurisdictions are ahead
of B.C. in terms
of encouraging farming and food
processing to support, expand, and sustain their agriculture sector for environmental, health and
economic purposes,» said Dix.
Amazon Editorial reviews Product Description How China's ascendance as an
economic superpower will alter the cultural, political, social, and ethnic balance
of global power in the twenty - first century, unseating the West and in the
process creating a whole new world...
The Gross Domestic Product shows directly the
economic evolution
of the European Union, while the unemployment level is a key indicator that shows the social involvement in the
economic processes.