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Of course, lower oil prices confer economic benefits, too.
Personal computing does, of course, lower the initial cost of obtaining systems technology.
Since the 1960s arts and culture have been the protege of the political left, whereas conservatives have favoured more material things like highways, shopping centres – and, of course, lower taxes.
But for both personal reasons (cut my taxes) and ideological ones (competition is good, except on investment banking fees), most financial professionals prefer the Republican mantra of smaller government programs, less regulation and, of course, lower taxes.
Of course, lower legal prices would cause new law school graduates to be paid less, but more jobs would be available for such graduates because the demand for lawyers would increase.
In contrast, managers with high ownership stakes are closer to their first-best levels of investment, or already at their first-bests, so their marginal cost to a dollar of perk spending is paying dividends and getting the risk-free rate, which is of course lower than the after-corporate-tax marginal product of capital.
Similar(35)
"Drinking, of course, lowers the immune response.
He offered as a better course lowering corporate taxes and making President Bush's larger tax cuts permanent.
You could get better spectral purity by increasing the PWM resolution, but that, of course, lowers the sample rate.
"Today the most important topic is of course lowering Greece's debt burden and deciding how much, and in which way, private investors should be involved.
This, of course, lowers river levels, which could result in a higher percentage of sewage effluent in the water unless the water is properly treated.
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