Quote of the Day
Just in terms of allocation of time resources, religion is not very efficient. There's a lot more I could be doing on a Sunday morning.
If someone really wants my company's business, why shouldn't he be able to do everything he can - including paying me off - to get that business? Because bribery encourages people to make decisions based on the wrong criteria, which means in the business world that it distorts the efficient allocation of resources.
Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.
The goal of socialism is a fairer allocation of economic resources, which its advocates often claim will also be a less wasteful one. Socialism is about who gets the goods and how. Socialism objects to markets because markets allocate resources in ways socialists believe to be unfair on both counts: both the who and the how.
Let me make it clear: The Disbursement Allocation Program is not pork barrel. Of the DAP releases in 2011 and 2012, only nine percent was disbursed for projects suggested by legislators. The DAP is not theft. Theft is illegal.
Benigno Aquino III
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.
To be sure, debates will linger about whether Medicare is too large or too small. Debates remain about the allocation of Medicare dollars. But December 8, 2003, demonstrated that there is no debate about this most fundamental fact: Medicare must survive.
There's a lot of politics over who gets the next allocation of Congressional funding.
There are many challenges in the global education ecosystem: from top-down systemic issues in how educational services are organized and delivered, to bottom-up issues of curriculum effectiveness, accountability, and human resource allocation.
The British system denied any role for human creativity, and instead argued, that if man merely followed his hedonistic desires, pursuing pleasure and avoiding pain, objective laws would naturally guide society to achieve the best allocation of wealth.
The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea of lowering the tax burden but using class warfare rhetoric to dispute the allocation of the relief.
We believe that people moving their portfolios to an overweight in bonds will be disappointed over the long-term and will significantly underperform an asset allocation that over-weights equities.
Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.
Dale T. Mortensen
We conclude that, simultaneously with the organization of the colleges, there should be at Santa Cruz an organization by disciplines, whose units would have a voice in appointments and promotions, in course of programs, and in the allocation of funds for research.
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