Assuming that professors teach because doing so and being affiliated with the college is reflection of their preferences, not being able to do so because of a minimum wage rule entails these persons being made worse off than in the absence of the rule.
There's also almost counter gang operations, countering criminals who are taking advantage of the absence of the rule of law.
Mr Gilman cautions that Russia's fundamental institutional problems, including the absence of much rule of law, still need to be properly addressed.
That, and the absence of a rule requiring short sales to be done on a stock's uptick, gives plenty of ammunition to a trader intent on driving a stock into the ground.
The absence of the rule has been blamed for the free fall in bank stocks during the market rout, since there was nothing to halt the shorts from piling on as a stock fell.
Paul Collier, an Oxford professor, has asserted that democracy in the absence of other desirables, like the rule of law, can hobble a country's progress.
In the absence of convertibility into specie, there must be a monetary rule to anchor the nominal value of paper currency.
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The 40-year-old will not start against the rival New York Rangers Tuesday night, but he did not rule out backing up Johan Hedberg, who has started every game in his absence.
It is bolstered by the view that we are a country comfortable with the rule of law (with a few war on terror exceptions), an absence of rigid class distinctions and discriminations (at least lately), and an underlying tendency to do the right thing when the right thing needs doing (although, as Churchill remarked, often only after exhausting all other alternatives).
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"This time last year, CAL (and others) triggered our Down 30 in 30 rule, on fears no self-respecting business traveler would dare fly in the absence of super-sized toiletries, " Baker wrote.
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