In the mid-1980s, GenerAllenlen directed a study for the National Academy of Sciences that found that restrictions on exporting high-tech goods to the Soviet Union were needlessly costing the United States 190,000 jobs and $9 billion in exports.
If we take America's performance as a good estimate of potential rich-country growth (rather than, more likely, a very conservative lower bound), then we can take this growing Atlantic divergence as a measure of policy-induced macroeconomic failure: in other words, the gap in output and welfare that Europeans are needlessly costing themselves by behaving foolishly.
If it becomes a petro-currency, many factories will be forced to close unless the needlessly high costs of doing business in Brazil are slashed.
Our publics are paying the price for this policy inertia, which, in addition to raising their security risks, needlessly increases costs for defense and misdirects resources away from fiscal demands, domestic priorities and emerging security challenges and threats.
But if used only to facilitate the federal and state reimbursement models that pay for service volume rather than value to the patient and payer, electronic medical records can needlessly increase costs.
In speeches, articles and books, he rails against what he sees as its sins: excessive portfolio turnover, wasteful marketing, neglect of the shareholder in favor of enriching managers and, most apparent to the consumer, needlessly high costs.
Business groups generally argue that federal regulations are onerous and needlessly add costs that are passed on to consumers, while their opponents accuse them of trying to whittle down regulations that are vital to safety and quality of life.
While the federal government funds roughly a quarter of states' transportation needs, it needlessly inflates the cost of those projects.
Similar arrangements with other contractors have needlessly inflated the cost of employing more than 200 people on the college construction program, a Times investigation has found.
