This should be offset by higher cheese margins.
Pigou argued that negative externalities (costs imposed) should be offset by a tax, while positive externalities should be offset by a subsidy.
In theory, that should be offset by cheaper borrowing costs for banks.
This tax should be offset with reductions in income taxes to avoid a negative effect on the economy.
Commute time should be offset by higher pay or lower living costs, or a better standard of living.
Any hurt feelings should be offset by more lucrative contracts under the rookie scale, which rewards higher picks.
Nods of approval surrounding likely changing of the guard should be offset by what is available as replacement, particularly in terms of strikers and centre-backs.
While the cost of loans might increase for customers, this should be offset by the reduction in the probability of future banking crises.
A rise in the minimum wage should be offset by a reduction in employers' National Insurance contributions which, with a reduction in tax credits, could be revenue neutral.
Each of these poses credible but limited risk, all of which should be offset by the stock market's rising appetite for high returns and yield.
The high initial cost of delivering the scheme should be offset by the savings that are projected to accrue from longer-term improved health and educational outcomes.
