It grossly misallocates
resources that could be better spent elsewhere.
Critics charge it misallocates
scarce funds, provides a false sense of security and lowers peoples' guard.
The current system misallocates
Chinese talent, prevents graduates from reaching their full potential, and impedes the economy's capacity to ascend global value chains.
It undermines trust in the state, misallocates
resources and stops countries and true entrepreneurs from getting rich, The Economist noted in an article titled Dealing with murky moguls.
power--by rewarding those who are the most politically adept rather than those who are the most capable leaders.
The EU's increasing income inequality misallocates
the purchasing power that its economy desperately needs for growth and employment.
If we believe that a financial system dominated by private banks fails to use our savings for the good of society--it misallocates
capital--then an increase in public ownership within the financial system makes sense.
From milk marketing orders, to Regulation Q, to Essential Air Service, there are heaps of examples of government intervention that misallocates
scarce resources away from high value uses, not toward them.
So, as we move ahead with DAV's 21st Century Claims Process initiative, we will again call on our grassroots network to help make the case for these common-sense solutions for the overly complex and poorly understood claims processing system that wastes time, squanders money and misallocates
scarce resources while not living up to our national commitment to disabled veterans and their families and survivors.
It encourages Americans to needlessly destroy still useful cars and then misallocates
scarce resources from other, perhaps more productive, uses in order to subsidize replacements.
He added: "Scottish Water is terribly inefficient, misallocates
resources and has become a burden on economic growth.
(4) Furthermore, were this prohibition to be lifted, the bureaucratic process that currently misallocates
the artificially scarce kidneys would vanish.