11. I also favor creating change using market mechanisms. 12. Japan is still the country that is most hesitant about rapid change toward a more market-driven system, with Japanese wary of the brutality of market mechanisms. 13. One is an emissions trading scheme that is designed to use market mechanisms to allow countries to achieve their emissions targets at the lowest possible cost. 14. Otherwise, they say, the market mechanism will not function properly and the cost of reductions will rise. 15. Privatization means following competitive principles based on market mechanisms. 16. Q. American health care is increasingly governed by market mechanisms. 17. Reliance on market mechanisms is increasing around the world. 18. The implication is that cuts made via market mechanisms such as trading, or the clever use of carbon sinks, are somehow unworthy. 19. The market mechanism is working. 20. Wherever government fiat is used to subvert market mechanisms, economic progress is stopped and living standards stop rising or actually decline. |