The resulting levels of private production and consumption will be less than is socially optimal.
An associated reform of China's economy is the creation of more efficient (and ultimately safer and less polluting) means of private production, especially of food.
Nary a word has been heard on either side of the Atlantic about lowering taxes or regulation on business nor has any policy emerged that had even a passing chance of increasing private sector production.
It would also slash regulatory costs and barriers, including repeal of Dodd-Frank, Sarbanes-Oxley, and Obamacare, replacing the EPA, and modernizing the FDA. It would especially roll back regulatory barriers to energy production, unleashing the private sector to maximize all forms of American energy production.
China deploys government in the allocation of economic resources to the production of private goods and services.
Free markets excel in the production of private goods and services, in the discovery and exploitation of genuine business opportunities, creating wealth in the process.
Two Russian oil companies, Yukos and Sibneft, are to merge, knocking Lukoil from the number-one position in Russia and creating the world's third-largest private oil company in production terms.
Free markets excel in allocating economic resources efficiently and effectively in the production of private goods, in accommodating the discovery and exploitation of genuine business opportunities, creating wealth in the process.
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Private schools, private management of public schools and the production and distribution of textbooks are just some areas where public-private-partnerships are already active.
But Ms. Cattrall's earthbound performance keeps it from taking wing, and a production of "Private Lives" that fails to soar can't help but disappoint.
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S. states, such as North Dakota, have experienced staggering job growth and revenue gains on the shoulders of encouraging hydrocarbon production (from private and state-controlled lands).
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While helium users are dealing with the effects of limited supply, Congress is working on critical legislation that will continue to ensure a needed source of helium until the private sector has enough helium production to meet worldwide capacity.
The RESTART Act as introduced recently into the U.S. House of Representatives would establish a REE program at the U.S. Geological Survery and also make Government backed loans available to fund REE production facilities if private funds are not available.
Alberto Quimper, who is a board member of the state energy agency, PeruPetro, and who has responsibilities for overall regulation and licensing of the oil and gas industries as well as negotiating contracts with private companies for exploration and production was fired.
Government spending stimulates the private sector and makes profitable the production of goods and services at otherwise idle factories.
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The less money the government borrows, the more that is available for the private sector to borrow to increase production and create jobs.
Mises carried his argument step further, though: he argued that these prices cannot emerge without exchange, and exchange in turn cannot happen without private ownership of the means of production.
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Ms. Cochran, who was stunning in Long Wharf Theatre's 2006 revival of "Private Lives" and the 2008 production of "The Lion in Winter" that introduced me to Writers' Theatre, proves to be a first-class singer as well.
Mark Huffam, whose film production credits include Saving Private Ryan and Mamma Mia, becomes a CBE, and there is an OBE for Alex Hope, who runs visual effects company Double Negative and won an Oscar this year for his work on Inception.
Trustworthy economic data is a very valuable public good that serves as a useful production input for tons of private businesses.
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According to Zhores Medvedev, a Russian scientist, these mini-farms and private plots account for half Russian meat production and a third of dairy products, though they occupy less than 5% of all farmland.
We have a situation where despite substantial job growth in the private sector, we still have things we need to do like the production tax credit, the refinance initiatives the President has taken that will help the private sector, will help the economy grow.
Privatize the production of space hardware that the private sector does best, the rockets.
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Earlier, Rosneft, another state-controlled oil firm, acquired the main production operation of Yukos, a private energy company that had been dismembered by Russia's state.
President-elect Enrique Pena Nieto wants to shake up the sector by opening up state oil monopoly Pemex to more private investment, hoping it will help boost production.
But such was the political storm over a recent attempt to privatise Pemex's petrochemicals arm that the government will not let private firms become heavily involved in expanding oil production.
The result has been a loss of much of the country's production capacity, both in the private sector and in the petroleum sector, where a number of workers and managers were fired after a strike in 2003, she said.
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For persons residing in the latter camp, the profit motive drives competition and innovation that leads to efficient production and quality enhancements in the private sector, and they believe that the same market forces can be harnessed to improve the efficiency and quality of education provision.
Between 2007 and 2012, a full 96 percent of increased domestic oil production was driven by development on state and private lands.
When we hand out the paychecks to the hole diggers, that makes the production of more goods and services in the private sector profitable, and they hire more workers, too.
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