rigidities

Economists call them "rigidities" -- the high taxes, inflexible labor markets and cushy welfare benefits that have prevented Europe from keeping pace with the New Economy in the United States, where people could quickly shift to new careers as the Internet took off.

Lending The Euro A Hand 2008

As Nickell 1997 argues, there are many so-called rigidities that do not cause high unemployment, and indeed, may serve a useful purpose.

Don't Let Tyrone Off So Easily, Bryan Caplan | EconLog | Library of Economics and Liberty 2009

Furthermore, the comfort that comes from knowing that every minute a massive pile of security monitoring information is accumulating may create "rigidities" in the monitoring system that allow those unimaginable events to occur.

Austrian Economics, Arnold Kling | EconLog | Library of Economics and Liberty 2009

Archbishop Desmond Tutu on Wednesday expressed disappointment at the election of Cardinal Joseph Ratzinger to the papacy but said he hoped the new position would ease Ratzinger's "rigidities".

ANC Daily News Briefing 2005

It reflects the impact of fundamental and historic economic and financial re-alignments, insufficient policy responses, and system-wide rigidities that frustrate structural change.

Mohamed A. El-Erian: America at Stall Speed? Mohamed A. El-Erian 2011

It reflects the impact of fundamental and historic economic and financial re-alignments, insufficient policy responses, and system-wide rigidities that frustrate structural change.

Mohamed A. El-Erian: America at Stall Speed? Mohamed A. El-Erian 2011

But those inescapable 1950s clichés are noticeably connected to the curves in avant-garde paintings by artists like Hans Arp and Richard Pousette-Dart, foreshadowing the move from modernism's rectangular rigidities to postmodernism's free forms.

Coming In From the Cold Ada Louise Huxtable 2011

It reflects the impact of fundamental and historic economic and financial re-alignments, insufficient policy responses, and system-wide rigidities that frustrate structural change.

Mohamed A. El-Erian: America at Stall Speed? Mohamed A. El-Erian 2011

These expectations are not going to be altered by two months' data, especially now that goods inflation has spread to wages—and, thanks to the economy's rigidities, become sticky.

India Revisits the '70s 2011

Sub­sequent studies by other scholars have integrated this insight with the role of shifts in aggregate demand, and price - and wage-rigidities, when explaining short-term and long-term economic development.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006 2010