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Apart from its economic flaws, the measure is flat-out unfair.
Opponents had staved off the project in past years by bombarding public officials with letters and reports documenting what they saw as the dam's environmental and economic flaws.
The bond market has become hyper-attentive to economic flaws and hyper-demanding of reform (inside the euro zone, though not for the United States or Britain).
And if interest rates start to rise in the rich world, especially in America, Turkey could suddenly see its external finance dry up.In truth, the current-account deficit reveals deeper economic flaws.
Reprints Related items The economy: HallmarkedApr 29th 1999None of this is to deny that the euro area has many economic flaws, notably structural rigidities, or that there are several design faults in the euro's monetary and fiscal framework, such as the excessive secrecy of the European Central Bank (ECB).
"While existing private digital currencies have economic flaws which make them volatile, the distributed ledger technology that their payment systems rely on may have considerable promise," the Bank of England wrote in February.
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But it's an economic flaw, not a clinical flaw.
Our national economic flaw, on the contrary, is personal debt.
Mr. Soros's plan is essentially a way to get around Europe's fundamental economic flaw — it has a single currency, but no lender of last resort: "It's a trick, but a trick that would work".
A founder of the theory of law and economics, Posner conceives the world of the commentariat as a market and tries to uncover what economic flaw explains our lousy product.
Speculators have begun to zero in on another small member of Europe's troubled monetary zone, highlighting the same economic flaw that brought Greece to the verge of insolvency: a chronically low savings rate that forces a reliance on the now-diminishing appetite of foreign investors to finance persistent deficits.
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