Beckloff noted that no one has come forward to object to the terms of the will itself.
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The meeting failed to revive the so-called Lisbon agenda, a reform programme put forward five years ago with the object of making the EU the most competitive economy in the world by 2010.
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But it is a nice object lesson in the basic economic proposition first put forward by David Ricardo as the Iron Law of One Price.
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"Price may be no object, but it's always a consideration, " says Will Strauss, president of chip tracker Forward Concepts.
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