In the short run the market is at work: financiers are already earning much less.

ECONOMIST: Bank bonuses

Beer can work well in the short run, but it can create more problems than it solves.

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So in the short run, it may actually cost taxpayers more to help someone into work than to support him out of it.

ECONOMIST: Welfare reform

The systemic changes in the BELLs took a while to work, yet Mr. Balcerowicz says the radical approach has another, short-run benefit.

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Responding to a customer slows down the workers doing their immediate work, adding to the costs of getting their job done, and in short run, making them less efficient, and thus possibly making less money for shareholders.

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