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While Turner points out that the boom that preceded the financial crash had "swollen some parts of the financial sector beyond their economically efficient size", it is crucial to the British economy that London remains a significant financial centre.
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After that date, the report claims, it will not be economically efficient to reduce the size of silicon transistors any further.
Earlier this year, the Semiconductor Industry Association—made up of the likes of Intel, AMD, and Global Foundries published a report announcing that by 2021 it will not be economically efficient to reduce the size of silicon transistors any further.
It is difficult for Macedonian livestock breeders to maintain their activity as an economically efficient one and increasing the size of their flock wouldn't help.
Then one realizes that the increased cost of collection benefits the much admired private sector whereas hiring more agents, even though economically efficient, has the lamentable side effect of increasing the size of the much disliked (by Republicans) federal bureaucracy.
When it exceeds one, the strategy is economically efficient and the higher the ratio the better the efficiency.
First, we ask whether the energy efficiency and associated pricing of products on the market are economically efficient.
Changes must be economically efficient.
That is politically dangerous, but it is economically efficient.
The most economically efficient method would be a carbon tax.
First, are product offerings and pricing economically efficient?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com