He prefers rationing that is based on price because, he says, "prices produce a rational allocation of scarce resources".
Why? From a public-safety standpoint, it's not a rational allocation of resources.
Above all, though, they were written by free men, who did not cringe before the censor, who could call plainly for the abolition of serfdom, say, instead of "the rational allocation of economic forces".
It contributes to the rational allocation of resources and control maintenance costs scientifically.
This formalism permits the rational allocation of resources in view of studying the possibility of validating a particular predictive model.
Rational RTC lead to rational allocation of resources while irrational RTC lead to misallocation of resources and ultimately, poorer safety.
What they all have in common is the rational allocation of jobs or tasks to machines or resources.
The unambiguous gain from sound taxation is higher output across the board, stemming from a more rational allocation of resources across competing uses.
Adoption of appropriate technology, rational allocation of resources, and balanced and equitable consumption require a partnership ethic based on cultivating the values of moderation, tolerance, nonviolence, and compassion.
Managers anticipate improved efficiency and rational allocation of resources, but rational decision-making in pandemics does not automatically emerge from stand-alone or asynchronous decision support systems.
