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In addition to violating legal and moral codes, bribery poses serious problems for economic development and international trade.
The compromise effect poses conceptual and practical problems for economic research: by influencing choices, it distorts revealed preferences, biasing researchers' inferences about deep (i.e., domain general) preferences.
The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory.
Attempts to fine-tune the economy could easily cause bigger problems for economic growth later on.Mr Bernanke's message that he won't risk inflation for the sake of short-term growth is now understood by bond markets.
Investors may think they can be the last out before the collapse, but that's a dangerous play.Speculative pressure may well be building in commodity markets, and this may well generate real problems for economic policymakers, but I don't think inflation worries have much to do with these dynamics.
"If we don't do something about keeping it within reach, it will create problems for economic mobility for generations to come".
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"If someone comes along and threatens that openness, that's a real problem for economic growth".
But a sustained spike would be a big problem for economic growth.
These informal urban settlements pose a significant problem for economic development, governance, and public health.
The problem for economic historians is to explain why some countries, like Victorian Britain, seem to lose their edge, even though their financial markets work as well as those elsewhere and their entrepreneurs continue to take rational risks.
Because these phantom jobs make the labor market look tighter than it really is, they are a problem for economic policy makers as well as for frustrated job seekers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com