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economic distortion

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  • Economic efficiency — is used to refer to a number of related concepts. A system can be called economically efficient if: * No one can be made better off without making someone else worse off. * More output cannot be obtained without increasing the amount of inputs. * …   Wikipedia

  • Distortion (economics) — A distortion is a condition that creates economic inefficiency, thus interfering with economic agents maximizing social welfare when they maximize their own welfare.[1] In the idealized conditions of perfect competition with no externalities,… …   Wikipedia

  • economic development — Process whereby simple, low income national economies are transformed into modern industrial economies. Theories of economic development the evolution of poor countries dependent on agriculture or resource extraction into prosperous countries… …   Universalium

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • Chinese economic reform — History of the People s Republic of China     1949–1976, The Mao Era         …   Wikipedia

  • Market Distortion — An economic scenario that occurs when there is an intervention in a given market by a governing body. The intervention may take the form of price ceilings, price floors or tax subsidies. Market distortions create market failures, which is not an… …   Investment dictionary

  • Negative gearing (Australia) — Negative gearing is a form of financial leverage where an investor borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan. The investor must fund the shortfall until the asset is sold, at… …   Wikipedia

  • Tax Foundation — infobox Organization name = Tax Foundation size = 156px caption = abbreviation = motto = Educating Taxpayers Since 1937 formation = 1937 type = Public Policy Think Tank headquarters = 2001 L Street NW, Suite 1050 location = Washington, DC leader… …   Wikipedia

  • The Rush Limbaugh Show — Genre Talk show Running time 3 hours Country United States …   Wikipedia

  • The theory of a second-best solution — concerns the events that happen when a condition for an optimal outcome isn t met. In that case a second best solution should be sought. But the second best solution isn t always the one where every other condition is met except the one missing… …   Wikipedia

  • Excess burden of taxation — Taxation An aspect of fiscal policy …   Wikipedia

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