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The separation of scientific and fiscal merit at the NIH made the review process more objective, because reviewers were independent of the institute and their "evaluations were made independently of the program needs of the intramural scientists," Mandel says.
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Regardless of its fiscal merits, this has had perverse effects on land use.
The rapid passage of Propositions 57 and 58, whatever their fiscal merits, was a big political coup, not least because he got so many Democrats to support them.
The mayor claims that the city's fiscal crisis merits overturning voter-ratified term limits by legislation.
As Lula's first finance minister he was credited with reinventing the former trade-unionist along more centrist lines and persuading him of the merits of fiscal responsibility.
Keynes's notoriety among the public rose so much that a hip-hop video of him arguing the merits of fiscal stimulus with his rival, F. A. Hayek, went viral on YouTube back in 2010.But whether Keynes's ideas were ever as simple or consistent as some modern-day Keynesian economists suggest is a matter of great contention.
How do you settle a debate about the merits of fiscal sustainability versus continued stimulus?
At the same time, the governor's endorsement of this bill may rest as much on fiscal necessity as on its merits.
Almost none of that deficit will be the product of the economic cycle (see chart 3).The merits of more fiscal stimulus have been fiercely debated inside the Obama administration.
In the upper bulb are the better-off, who are more optimistic about their living standards, more cautious about the merits of looser fiscal policy and more doubtful about government's ability to affect wages or prices.
Passed in record time by the normally sluggish Congress and before recession is even a certainty the stimulus is aimed at cushioning America's downturn by getting cash into consumers' pockets and encouraging firms to invest.Meanwhile debate has begun on the merits of a fiscal boost well beyond America.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com