"economise" is a valid word in written English.
It can be used as a verb meaning to save money, or to make something more efficient in terms of cost. Example sentence: The business decided to economise by cutting costs on energy use in the office.
The goal is to control the cost of legal aid, which, at £2 billion a year in England and Wales, is the highest per person in the world and 37% bigger than it was a decade ago (see chart).A belt-tightening report from Lord Carter, a businessman asked by the government to look into the matter, suggested last July that it would be possible to economise on procurement.
It also allows firms to switch to processes that economise on emissions of greenhouse gases as existing technologies wear out, rather than obliging them to scrap equipment before its time.
When asked to rank the single most effective way to save energy, participants typically endorsed activities with small savings, such as turning off lights, while ignoring what they could economise on larger devices.
Mars has famously modest headquarters in McLean, Virginia, and Walmart asks middle managers to economise by sharing rooms when they travel.Once again research confirms these impressions.
But it becomes serious when the American tourists who packed a Michelin guide in their luggage are less inclined to visit a country opposed to their government's policy on Iraq.Yet to remain desirable, a top restaurant dare not be seen to economise.
In one sense, the brain could be trying to economise during a repetitive task by shifting resources to the default mode.
The rail industry thinks travellers are beginning to abandon their pricey cars for public transport, but public transport is having to economise as well.
As health-care costs rocket, the price cuts—often of 85% or more that generic drugs offer are one easy way to economise.
When real wages are falling, by contrast, the incentive to economise is reduced and productivity lags.In two related blog posts I aimed to generalise this result a bit and apply it to some key economic trends of the past generation.
Letting the bottom line talk The Himalayas of hiring ReprintsUnfortunately, India's manufacturers economise on labour, despite its abundance, favouring capital or technology instead.
Some households, especially young workers, shared homes during the recovery to economise but can now afford to move out.
