Atlas argued that the information it obtained from the cheek swabs was not "genetic information" under the statute because it did not reveal anything about the plaintiffs' propensities for disease.
Since they have low propensities to spend, central banks will find it difficult to generate adequate demand, except by nurturing unsustainable borrowing by workers with stagnant incomes.
Income has become concentrated in the hands of groups, like reserve-accumulating foreign governments and the rich, with low propensities to consume, the thinking goes.
To this day chaebol families are more admired for their economic contribution than reviled for their criminal propensities, which are often viewed as the foibles of a ruling aristocracy.
Also, Americans may be displaying a healthy refusal to believe that governments bring prosperity; they give the credit to entrepreneurs and to Alan Greenspan, and, just as important, they do not see Mr Bush's small-government propensities as a threat.
Ever since, partisan propensities have been rising, for a solid 20 years or so.
Human "propensities" such as "fear" and "euphoria", he writes, can drive markets and hinder an economy's performance.But Mr Greenspan scarcely builds on this framework.
The difference was absorbed by banks.The actual impact of this redistribution depends crucially on the propensities to consume of debtors and creditors.
Imagine a world, he said, in which resources are increasingly concentrated in the hands of those with high propensities to save and low propensities to invest: reserve accumulating foreign governments, for example, and the very rich.
America was in the grips of a savings glut, the story goes, driven by several factors, such as: reserve accumulation by foreign governments and central banks, high levels of saving by pre-retirement Boomers, and the concentration of income in the hands of rich households with low propensities to consume.
Flying the flag ReprintsThese propensities have their roots in both history and geography.
