Word: tradeoffs
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...ecosystems we may start to think: maybe the costs of maintaining [the integrity of] ecosystems aren't that high compared with the benefits. Maybe the gains we get out of converting nature into commodities are not so large in comparison. The point is that we don't see that tradeoff until we go out and measure that value...
Gelber and Mitchell's study for the NBER, a nonpartisan research group, does not explore whether the tradeoff of less housework for more paid labor is for good or ill. "That's up to policymakers to decide, according to their values," says Gelber. But signs point to housework as becoming less valuable to all levels of society; new data even suggests an ultra-clean home may not be the best environment for children. According to anthropologists at Northwestern University, a lack of exposure to dirt and germs could put them at increased risk for inflammation when they grow...
...easy to rush to condemn projects like these that seem counterintuitive to the very logic of the CDM. But the planet's atmosphere is perfectly happy with the tradeoff, says Derwent of the IETA, "just as much as it would be happy with the reduction of CO2 over a long period by the adoption of wind power in the place of coal." What matters is the absolute reduction in carbon emissions, regardless of the source, he says. "That's what markets do, they find the cheapest, most cost-efficient way of producing whatever it is that's demanded," says Derwent...
Entrenched interests often protect themselves at the expense of innovation. Barack Obama can’t reconcile that tradeoff. The president spent Wednesday in Wisconsin explaining his revolutionary $4.35 billion Race to the Top initiative, which will give states an immediate monetary incentive to reform dilapidated public schools...
...programs have seen a reduction in the size of their graduate class. At the same time, it should be noted that the Graduate School of Arts and Sciences will provide a modest increase in the PhD stipend for both continuing students as well as those entering in September. This tradeoff was made in support of FAS’s long-term commitment to the academic and professional growth of the existing cadre of graduate students, now nearly 3,500 strong. There will also be modest reductions in expenses related to programs such as orientation and opening day activities, Dudley House...