All we can do is work to ameliorate suffering and end bad policies that harm others.
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Bad policies can increase total jobs, and good policies can decrease total jobs.
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As for bad policies based on bad economics, these remain too numerous to mention, despite Mr Samuelson's prodigious efforts.
Can aid persuade countries with bad policies and institutions to adopt good ones?
Governments lacking in those virtues, however, will be tempted to use co-ordination to shield themselves from the consequences of bad policies.
Ignoring or underestimating biodiversity decline will therefore not just mean bad environmental policies, but, in the long run, bad economic policies as well.
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Today countries are often punished through financial contagion, but the punishment they receive is out of proportion to their crime of bad policies.
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Even in 1990 the World Bank spent more than twice as much per head on poor countries with good policies than on those with bad policies.
" He said Republicans should have two main goals for the next four years, namely "to mitigate bad policies" and "to advance good policy wherever we can.
The markets didn't "fail" but were distorted by bad policies.
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Given full information (that is, assuming that the demonstration effect has already kicked in), lenders may be willing to continue financing countries with mildly bad policies provided that business elsewhere is good.
The money is to be shared among the plaintiffs, and Smith Barney is to be monitored for a period of years to ensure that the bad policies are superseded by ones that are more fair.
If Romney gets into the White House disguised as a conservative, it will silence most of the conservative opposition to the bad policies, which Obama would have faced, and consequently Romney will be able to get them through.
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The problem, experts say, is the combination of populist measures and bad energy policies.
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He argues, probably rightly, that bad macroeconomic policies in the past have held back Britain's economic performance.
Yet no amount of aid could overcome the impact of bad economic policies.
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And if politicians in the high-tax states refuse to adjust their bad tax policies, then people should have the freedom to escape and earn income in other states.
In the 1980s, most African countries had bad economic policies.
But the upheavals of this stage of globalization--nearly always associated, by the way, with bad official policies somewhere, if not where the suffering is--has created a new constituency for autarky.
Every economic disaster during the last 100 years has its origins in bad government economic policies, from the Smoot-Hawley Tariff, which triggered the Great Depression, to the Federal Reserve's excessive printing of money, which brought us the Great Inflation of the 1970s and the recent housing bubble.
Yes, policy is bad, and the policies foisted on us by Bush and Obama surely weigh on growth.
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Liddy has also fled the sinkhole called nonstandard auto insurance--policies for bad drivers.
If America's agricultural policies are bad, the EU's are worse.
In response, the Romney campaign is targeting Obama's economic policies as being bad for women.
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Yet the Americans and British consider such policies least-bad solutions, to be reversed as soon as possible.
South Korea and Sweden owed their relatively robust recoveries to policies to remove bad loans from banks' balance-sheets.
By ignoring counterfactuals, or the unseen, we tend to forget that successful policies usually means nothing bad happens, since nothing is seen happening.
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As bad as U.S. budget policies are, investors still see U.S. government securities as a safe haven from even bigger financial nightmares elsewhere in the world.
Other good policies have likewise been founded on bad economics.
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