BOTH sides talk nonsense in public while promising in private to be sensible.
Judge Andrew J. Kleinfeld said the court's decision was "likely to impair national security" by forbidding the government "from doing what any sensible private employer would do".
The varnished pine floors, blue bathroom fittings and patterned bedlinen may not wow visiting design buffs but, with three bedrooms, a private pool and a sensible price tag, who cares?
The current advertising ban is based on the sensible premise that private offerings, by virtue of being private, should not be advertised publicly, and that investors will be better protected if they deal only with people they already know.
But surely a key lesson of the recent crisis is that private insurance is not a sensible mechanism for dealing with tail risk whose probability is unknown (eg, AIG and monolines); disaster myopia will rule.
By providing sensible subsidies for private health insurance, he has brought down the cost of the health service.Besides, the lull in productivity-boosting reforms was not wholly his fault.
As the United States confronts a mounting infrastructure crisis, this move is simply intended to grant legitimacy to a sensible solution: public-private partnerships.
"It's a sensible market," Nicholas Maclean, a private dealer, said after the sale.
As the crisis of private housing rages, it looks increasingly sensible.
Many question whether the model of private-equity firms going public is sensible, given the additional scrutiny.Some firms have accepted that they will not raise another fund.
Banning mandatory retirement ages in the private sector (as America has done) looks sensible, as does creating conditions in which people can retire more gradually.
