Before we get to the business of target-date fund selection, which is the subject of this weekend's Your Money column, a quick word on the basic merits of target-date mutual funds.
Forgive the harsh candor, but every tweet, text or email disparaging the basic merits of scientific methods and consensus is a little act of hypocrisy.
Nevertheless, the standard reductionist answer has one basic merit: it is, in a word, internally coherent.
Mr Schuler's plan has many things to recommend it, but financial simplicity and instant political appeal are not among them.Another recent paper, by Augusto de la Torre of the World Bank and others, agrees with Mr Schuler about the basic overriding merit of dollarisation namely, that it takes property rights seriously, albeit at an economic cost.
This code is based on the Lomb normalized periodogram and has two basic merits; first, it permits analysis of discontinuous or non-equidistant time series without prior interpolations or their fragmentation, as is the case with FFT, and hence noisy results or loss of information is avoided.
The review for England was asked to focus on the use of the LCP model rather than re-evaluating its basic merits.
It appears meaningful to extend the nanoindentation study to the ZnO thin films, in merit of both basic research and technological applications.
Moreover, it also has the merit of providing a basic computational scheme for the solution of (1.8).
The merit of having a precise and meaningful relationship between two basic energy indicators, the energy efficiency index and the energy savings due to efficiency improvement, is elaborated.
