In casting a vote, each voter has to make a calculation about how their views are most likely to become policy.
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Again, the distinction, bewildering on the surface, makes sense transposed to contemporary China: you can engage in the free market, and make every calculation that the University of Chicago demands.
The Obama Administration will make the political calculation to beggar our creditors--older Americans and foreigners, basically.
No one is yet prepared to make such a calculation, but researchers are moving in that direction.
And in the private sector insurance system, oftentimes insurers make the same calculation.
Then make an imaginary calculation of the number of times people watched the videos created by OfficeMax and JibJab.com.
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Individuals are expected to make a similar calculation: The penalty for defying the individual mandate and not carrying insurance is far lower than the premium costs.
Although the theory that describes the interaction of quarks and gluons is on a firm conceptual footing, it is so complicated in practice that it can take years to make a single calculation of something like the shape of a proton even using the most powerful supercomputers.
Consistent with this, there is a case for restrictions on the way in which cigarettes are advertised and sold: because cigarettes are addictive and dangerous, children are at risk of being hooked by a bad habit before they are old enough to make a reasoned calculation of the odds.
Every country in the Middle East would make its own new calculation of how much it could afford to support U.S. interests.
Employers who already offer high pension contributions have another calculation to make.
Among other things, schemes may be allowed to "smooth" the calculation they make of their assets and liabilities during scheme valuations this year, or later.
And all this is a nice reminder that the rent-versus-own ratio and its divinely inspired cousin, the capitalization rate, is perhaps the most important calculation you should make in your financial life.
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Natural gas emits half as much carbon dioxide as coal when used to make electricity, though the calculation fails to take into account the release of methane from natural-gas wells and pipelines, which also contributes to climate change.
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The SEC did make some exceptions to its new calculation though.
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The cool, or perhaps morbid, calculation that economists have to make about such investments revolves around the question of what price to put on each life saved, and how that compares with monies spent on roads, say, or air-traffic control.
If you are happy with the earnings growth implied in that fair value calculation, then you can still make a return in the stock, just not excess return.
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And the calculation turns out as above, Google make four times more from its relationship with Apple than it does from Android.
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That is a calculation that Keynesians cannot be bothered to make.
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Done exactly, the coin flip calculation calls for factorials so large that they would make my Sharp calculator start smoking.
Above all though, perhaps David Cameron's calculation was that his defiant Downing Street news conference would make him look like a leader at a time when his own party has been questioning how long he should carry on in the job.
Changing the figure to take account of the cycle would make more sense, but it would introduce a complex and disputable new calculation, with countries arguing endlessly over precisely where they were in the cycle.
Boehner tried to take a less confrontational tone on Thursday, but nonetheless said the White House was refusing to make public e-mails and other documents he says show the political calculation behind the Rice TV appearance and other elements of the administration's Benghazi response.
Such a calculation is polluted by what's called survivorship bias--the ability of fund vendors to make bad funds disappear.
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