With billionaire parents now producing bar mitzvah celebrations and sweet-16 parties as if they were major motion pictures, it's only a matter of time before this spare-no-expense approach is applied to their kids' school projects.
When Mr. Timbers signed on to direct in 2011 — after initially telling his agent that the idea "had a 95 percent chance of being awful" — he became the latest in a string of converted skeptics (and well-paid ones, given the spare-little-expense approach of the producers).
Jenison's personal wealth (he invented one of the first video digitizers for computers as well as the Video Toaster) helped to bankroll his "spare-no-expense" approach to proving his hypothesis.
Many self-labeled index funds charge annual expenses approaching, or even exceeding, 1.55%, the average for all equity funds, according to the Investment Company Institute.
According to Cobb, the total production expenses approached $20 million by the time the film was released.
If the Salk vaccine had not been developed through research, it is estimated we might be facing medical expenses approaching $100 billion a year, right now, for this single disease, just to keep sufferers alive, gasping in their iron lungs.
The BNHI reported that the total number of patients receiving PMV in each of 2004 and 2005 reached 30,000 (0.13% of the Taiwan population), and the total annual expenses approached 27 billion New Taiwan dollars (NT$), which was around 6% of the total annual NHI budget.
Many fund sponsors, especially those whose expense charges approach 1percentt, are now waiving part of their fees rather than having their yields turn negative or, in industry parlance, "breaking the buck".
All he is asking for is a little more respect for what is already here (and, perhaps, an end to the expense-account approach of splitting a bill seven ways on seven credit cards).
One evaluates funds on the basis of their historical performance and expenses, an approach taken by, for instance, Lipper Analytical, an American company that was bought in July by Reuters, a British information provider.
But there is danger of economics imperialism, in the form of the post-Washington Consensus, foreclosing the analytical agenda at the expense of approaches based on the political economy of capitalism.
