However, when, just a few days later, Gordon Brown set out the (questionable) arguments that underpin his belief that there is no model for delivering health care with equity and efficiency that is superior to the National Health Service, he was heard with something close to awe.
But he got zero in four areas -- return on equity, cost efficiency, brand management and compliance.
The reason private equity was allowed these tax breaks is that for a long time, the Treasury - under the then chancellor Gordon Brown - believed that the buying and selling of whole companies by private equity increased the efficiency of those companies, and simultaneously created a valuable new industry for the City of London.
ECONOMISTS, who prize efficiency above equity, have long given warning of the dangers of redistribution.
Australia achieved a much better mix of efficiency and equity in the 1980s and 1990s.
This, Mr Zepeda says, has already produced big gains in efficiency and equity.
The ideal tax system strikes a balance between efficiency and equity.
Base broadening proposals show up so frequently because there appears to be both efficiency gains and equity gains from scaling back these deductions.
Robert Stavins of Harvard University argues that the thorny notion of sustainable development can be reduced to two simple ideas: efficiency and intergenerational equity.
But when you shoot for equity, often you forsake efficiency.
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The roundtable featured presentations from business and academia all of which indicated that biodiversity is indeed an emerging key sustainability issue which links to other critical issues such as climate change, energy efficiency, water, employment and social equity.
And, given the reality of the data, I think the efficiency arguments for changing or eliminating Pell Grants trump any equity arguments that might be offered.
The Index measures solar players according to their financial performance and operational efficiency, with an emphasis on revenue growth, working capital, EBIT percentage and debt-to-equity, among other measures.
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