"The act of savings is fundamentally about understanding that your future self - the person you're saving for - is in some sense equivalent to your present self, " Prof Chen told the BBC's Business Daily.

BBC: Why speaking English can make you poor when you retire

It is tempting to say the reforms have gone further, bringing to Australians a clarity of self-perception not always present in the past.

ECONOMIST: No worries? | The

"If the economy continues along the present course, we will see a self-sustaining recovery in the second half of this year, " he says.

CNN: You Need Two Legs To Walk

Louis Woodhill, following on the work of Art Laffer, developed a framework for judging whether any given amendment to current tax law pays for itself or is self-defeating by analyzing the change in the present value of revenues discounted out to the infinite horizon produced by the tax amendment.

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Although Lloyd's in its present incarnation is a shadow if its former self, its geographic reach and the range of policies that it can offer are still formidable.

ECONOMIST: Lloyd��s of London

"Gauguin was not present at the supposed self-mutilation, " he told Le Figaro newspaper in France.

BBC: Gauguin 'cut off Van Gogh's ear'