"It is an efficient allocation of resources.
Provincial barriers to trade hamper the efficient allocation of resources.
The second is to encourage the efficient allocation of capital.
The words "efficient allocation of capital" still ring out from my economics lectures.
Its heavy costs outweigh its meagre benefits, standing in the way of the market's efficient allocation of capital.
Morse told Goodman that Ofcom had "a responsibility to ensure that the auction delivered an economically efficient allocation of spectrum".
"Bill Clinton, Bob Rubin, Larry Summers … we all thought the efficient allocation of capital was a good thing," he says.
It corrupted the efficient allocation of capital, which is supposedly the whole reason that Wall Street exists.
The reason high-quality and consistent accounting standards are desirable is to aid in the efficient allocation of capital in globalized markets.
But efficient allocation of resources is not merely a matter of the formal optimum conditions of economic theory.
In fact, this transaction may not have magnified losses and may have contributed to the more efficient allocation of capital.
