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Economics is not just about efficiency and growth, he adds.
The regional structure was bloated, the committee thought, and thus impeded Bayer's overall efficiency and growth.
Oh hang on, that was a casualty of innovation, efficiency and growth, wasn't it?
Royal Mail talks boldly about "stepping up the pace" in innovation, efficiency and growth.
In laboratory experiments, coral fluorescence has been used as a proxy for photochemical efficiency and growth in response to temperature stress, wounding, epibiont infestation, and recovery9,10,11.
And they are willing to risk higher unemployment and instability in the short term for economic efficiency and growth in the long run, as they see few other ways".
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More recently, Procter has wrung efficiencies and growth from Clairol, which it purchased in 2001.
New Labour may have tempered it but generally bought the argument that deregulation, privatisation and marketisation would maximise efficiency, wellbeing and growth.
It is predicated upon the idea that competitive markets are central to investment, efficiency, innovation, and growth.
Even if we were to upgrade the Second Industrial Revolution infrastructure, it's unlikely to have any measurable effect on efficiency, productivity and growth.
Clean energy, energy efficiency and "smart growth" can become the engine of growth for this century.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com