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Updated: June 1, 2025
This means that they, on purpose, generate market inconsistencies, inefficiencies and problems only to solve them later at a cost extracted and paid to them, the perpetrators of the problem. Leaving ethical questions aside, this is a highly wasteful process. Middlemen use privileged information and access whereas speculators use information of a more public nature.
Much sprang from this, for the poor fellow was soon a willing victim to Jenny; and while he lent a thousand happy touches to subsequent incidents by his inefficiencies and sins of omission, such moderate talent as he possessed was still farther obscured by the emotion of love which sprang up in his heart for my widowed partner.
They feed off market failures, market imbalances, arbitrage opportunities, shortages and inefficiencies. Many post-Communist countries have either made the provision of such services a part of their economic life or are about to do so. Free zones, off shore havens, off shore banking and transshipment ports proliferate, from Macedonia to Archangelsk.
Sections were added as needed, and other sections believed needed were abandoned as the research showed them unnecessary. Louis Holden had been a fine instrumentation engineer, but his first models were hay-wired in the breadboard form. James copied his father's work including his father's casual breadboard style. And he added some inefficiencies of his own.
The great captains of industry so-called, themselves blown full of pride of circumstance, prate often of the inefficiencies of human cattle; yet continually the wonder remains that these same cattle continue to do that which their conscience tells them is right for them to do, and to do it for the sake of the doing.
It means that parliaments, if constructed on this type, cannot permanently remain the supreme power among the nations of the world. Sooner or later they will sink by their own vices and inefficiencies into a lower plane. They will lose the power of making and unmaking ministries, and it will be found absolutely necessary to establish some strong executive independently of their fluctuations.
The raison d'être of the greater number of minor mental inefficiencies the psychanalyst puts down to handicaps in the unconscious. Again he mistakes figurative imagery for explanations. The conception of endocrine diversity in the make-up supplies us with the rationale of the vast majority of organic and functional defects and inferiorities, in short, subnormalities of any group, large or small.
Even the most devout proponents of free marketry and hidden hand theories acknowledge the existence of market failures, market imperfections and inefficiencies in the allocation of economic resources. Some of these are the results of structural problems, others of an accumulation of historical liabilities.
So the evening was spent in harmony; a harmony clouded at intervals, it is true, first by Priscilla's disappointment about the cottage, then by a certain restiveness she showed before the more blatant inefficiencies of the Baker housekeeping, then by a marked and ever recurring incapacity to adapt herself to her new environment, and lastly and very heavily when Fritzing in the course of conversation let drop the fact that he had said she was Maria-Theresa.
They are loaded up with the debilitating consequences of their own recklessness or ignorant manner of living." In the same way, there are latent illnesses and inefficiencies in many commercial organizations which never reach the point of strikes and lockouts. For some reason or other that lively germ, the walking delegate, fails to get a foothold.
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