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He thus suggested that there might be some permanent tendency to high levels of unemployment.
In economics jargon, the UK seems to be suffering from an extreme variant of the Houthakker-Magee effect – named after two economists who discovered in 1969 that price elasticities for imports and exports could diverge substantially, giving rise to a permanent tendency towards current-account imbalance.
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Rate increases made by the bank, he said, "continue to aim at ensuring that upward pressure on consumer prices stemming from oil prices and the foreign exchange rate of the euro do not translate into more permanent inflationary tendencies".
The youngest Savoia though, is seen by many as just another pretty face, his pale blue eyes and perfect three-day stubble nicely set off by a few humanizing flaws, like a permanent slouch and a tendency to bite his nails.
Nevertheless, the British insisted it would be dangerous to consider the Chinese as having "a tendency to permanent settlement"; the locally born Indian community — comprising 20% of the Indian population, the rest being manual labourers having migrated for similar reasons as the Chinese at around the same time — was likewise largely ignored.
Permanent public sculptures have a tendency to go out of date, because the city is changing around them.
The tendency of such permanent dipoles to align with each other results in a net attractive force.
The reality is that you have to fight against this tendency on a permanent basis.
We've looked at Wicked Lasers quite a bit over the years and barring their tendency to cause permanent eye damage and/or blindness I find their products to be pretty cool, especially now that they've proven that the iPhone has no external defenses and can be destroyed by shooting photon torpedoes down a small exhaust port.
Dualistic tendencies remained a permanent undercurrent in the church and determined, to a great extent, the understanding of sin and redemption.
"The secret is to make changes permanent," says one: "there is a tendency to slide back to the past".
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