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And it can also mean, especially in the face of very low interest rates, that austerity policies are actually self-destructive even in purely fiscal terms: by reducing the economy's future potential, they reduce future revenues, and can make the debt position worse in the long run.
In The Road to Serfdom (1944), Hayek argued that government action often did more harm than good: in economic terms, by impeding the operation of market forces, and in political terms, by reducing the freedom that individuals and companies should enjoy to earn, spend, and generally act as they chose.
In the simplest terms, by reducing your primary dating desire to "hot woman," you're basically requesting an exchange in the marketplace of dating.
Action on all three fronts – prevention of key risk factors, treatment for NCDs, and addressing the social impacts of illness – makes sense in policy terms by reducing future expenditures, improving productivity, and reducing suffering.
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He said the proposal would lead to "smaller deficits in the long term" by reducing the growth of Social Security benefit payments financed from federal revenues.
"They can save significant dollars in the long term by reducing medical errors and complications and improving the quality of care".
Many of these fee-cutting regulations help intermediaries like PayPal and Square short term, by reducing their cost (owed to the Visa/MasterCard infrastructure), but eventually it limits what they can charge, too.
SACRAMENTO — A state bill that would require health-warning labels on sugar-added drinks and sodas in California was sidelined Monday for further review of its enforcement costs even though its author argued that it would cut costs to taxpayers in the long term by reducing diabetes and other obesity-related diseases.
43, 44 Policies designed to reduce the incidence or impact of victimization during adolescence may produce tangible benefits in the long term by reducing the burden associated with these disorders.
However, removal of PoS displays as a tobacco control policy might play an important role in reducing smoking uptake and prevalence among young people in the long term by reducing the numbers who become susceptible to smoking.
An imbalance between fetal demand and maternal nutrient supply may lead to metabolic adaptive changes in the fetus which may benefit the fetus in the short term, by reducing fetal growth and thereby increasing nutrient availability, but might in the long term predispose the offspring to a range of diseases postnatally, such as obesity, if the changes persist.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com