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As sufficient returns proved elusive, too much credit chased too few worthwhile ventures.
FORBES: Banking Trends Offer Clues To The Real Business Cycle
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Banks will no longer have to fly paper cheques across the country, but the new system will be costly too worthwhile only for fairly large payments drawn on banks far away.
ECONOMIST: America's new law on cheques
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The harbor masters were data producers with a business model that excluded many potential users because the transaction costs were too high to be worthwhile.
FORBES: What the Victorian Age Can Teach Us About Data
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Discarded cell phones too, might be a worthwhile source.
FORBES: Recycling Scrap Rare Metals Vital to Future Technologies
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Billabong might have too much debt to make it worthwhile.
FORBES: Billabong's Woes Make Rough Surfing For Gordon Merchant
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Even with RIM's recent efforts, there are too many BlackBerrys around whose operating systems and processors are too old and slow to make it worthwhile to spend scarce team time on them, says Mr. Stein.
WSJ: BlackBerry Maker Hopes New Tools Lure Customers From iPhone, Other Rivals
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Structural reforms are worthwhile elsewhere in the euro area, too.
ECONOMIST: Free exchange
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Scottish Green MSP Patrick Harvie said the bill was a "worthwhile starting point" but warned there were still too many loopholes and too much vague language.
BBC: Climate bill 'could lead world'
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It is probably worthwhile making a few observations about the modern hedge fund and private equity fund industries before going into too much more detail about how these funds are structured and operated.
FORBES: Looking Inside Private Equity and Hedge Funds
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This, in effect, is the argument that Hayek made against Keynes in the late 1920s and 1930s: he said the Fed caused the crash, by keeping interest rates too low and encouraging a lot of "malinvestment" - investment in projects or assets which were not economically worthwhile.
BBC: Masters of Money: Friedrich Hayek