Word: effective
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Dates: during 2000-2009
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Mayer omits to draw attention to the facts: first, that the United Kingdom is effectively governed by the European Union in that about 70% of the laws now enacted by our Parliament are required to comply with the European Union's directives; and, secondly, that our subordination to the European Union will be complete when the provisions of the Lisbon treaty are brought progressively into effect in the next few years. The Conservatives have consistently furthered the interests of the European Union in complete disregard of the interests of our own country. Mr. Cameron conforms to that Conservative policy. Even...
...looks to be a long and painful unwinding for Asia, for example. Even if the U.S. government can pass a plan to pump money into the financial system by buying bad mortgages - thus freeing up banks to lend money elsewhere - it won't "address the decimation of the wealth effect of the U.S. consumer," which many export-led Asian economies rely on, says Kirby Daley, senior strategist at Newedge Group, a financial services firm based in Hong Kong...
Then consider the wealth effect, much debated but empirically documented, which suggests that every dollar of increased household wealth will, over a period of time, convert to 3 to 5 cents of spending. Calculators, please: 0.03 times $1.2 trillion equals $3.6 billion in spending. In an economy that is two-thirds consumer spending, that's another growth driver. One other thing about the wealth effect is that it works splendidly in reverse too. There's the prospect that Broun and his colleagues could be serving up a double whammy to households across the country: declining stock market wealth in addition...
...Unlike retroviruses, which scientists have been using to create iPS cells, these viruses effectively disappear after a few cell divisions and do not integrate into the cells’ DNA. The effect of this is that adenoviruses are free from the chief adverse effect of genetic manipulation, which can turn on cancer genes and trigger malignant tumor growth...
...maybe they're too close to their own beats. Maybe the effect of a credit freeze is so obvious and transparent to them that they can't quite comprehend how anyone could not understand its impact. That's not a service to the audience, but it's the impression I've gotten at times even from business journalists I normally admire. Last night on PBS's NewsHour, for instance, an anchor put the question to the New York Times' Joe Nocera. I've heard him discuss business news in layman's terms masterfully on NPR for years; if anyone could...