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It is as if we believe that by printing money we can remove hard budget constraints.
WSJ: Manuel Hinds: The Case Against Floating Currencies
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In pursuance of the illusion that money can remove hard budget constraints, we moved from order to disorder.
WSJ: Manuel Hinds: The Case Against Floating Currencies
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Many states and municipalities are up against hard budget constraints, but the US government has the ability to create US currency in unlimited quantities.
FORBES: Why Borrow Now, Tax Later Is A Bad Idea
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Those same capacity constraints make it hard for smaller competitors to obtain enough spectrum to pose a serious threat to the largest incumbents.
FORBES: Is Blocking Mobile Merger An "Assault on Innovation?"
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Ms Weir said many single parents, who had been away from work for many years, were being put "under intense pressure" to find work by ministers who did not "recognise the real-world constraints that make it hard for them to find and keep a job".
BBC: Jobless lone parents 'pressured'
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In some ways, just the reverse: it is to make sure that government happens under clear rules and constraints, so that it is hard for it to act and evolve in ways that citizens find unacceptable.
ECONOMIST: European Union
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The company said that while its own component and disk drive factories in Thailand have not been directly affected by flooding, its ability to manufacture hard disk drives has been impacted due to external component supply constraints, as it has disclosed previously.
FORBES: Seagate Update Guidance on Thai Flooding Impact
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This success would have not been possible without the hard work of many countries and many leaders -- and I have to add that because of weather constraints in Washington I am leaving before the final vote, but we feel confident that we are moving in the direction of a significant accord.
WHITEHOUSE: President Obama at Copenhagen Climate Change Conference