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"So I realized it was a really inefficient market and I might be able to profit from those inefficiencies".
This seems like a really inefficient way to govern, no?
"The good news is that the old designs are really inefficient, leaving lots of room for innovation," he said.
"We can go after fraud, but if someone is just running a really inefficient system or ordering excessive services, we have no way of squeezing it out".
"You have to rely on this really inefficient process that occurs only if you have spontaneous DNA strand breaks that happen to fall within your region of interest," Niles says.
The only way out of the Jevons paradox, as I see it, is to switch to sources of energy that are really, really inefficient — and likely to stay that way.
Similar(43)
If the green light is on, you're doing OK, but if it goes orange or red, you can start to question what's causing that – is it a really old, inefficient appliance that you should start to think about replacing, or are there just too many things on that you weren't aware of.
"Trying to do a census with addresses like 'fourth lamp-post down the road' is really very inefficient, and we're coming in to say, 'No, you can do this differently'".
And I think the best evidence that markets can't be really terribly inefficient is that when you look at active managers as a group, you look at actively managed mutual funds, and sure, there are a few who outperform.
"It really shows how inefficient asbestos litigation is," she said.
So it's a really bizarre, weird, inefficient market which will change.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com