Definitions
Wiktionary
- n. An improper or unwise allocation, especially of money
Etymologies
- mis- + allocation (Wiktionary)
Examples
“Build America Bonds have worsened what economists describe as a misallocation of resources that results from municipal debt's favored status.”
“This should not be taken to imply that administrative allocations are inevitably worse -- a market has costs, and if those costs exceed the value, then markets result in misallocation.”
“This Time treatment arrives on the same day Nick Kristof, a longtime defender of global women's issues, in The New York TImes took a quite different approach, highlighting the gross "misallocation" of U.S. resources to the war when our own country is suffering from horrendous unemployment and a cracking educational system, among other woes.”
The Huffington Post: Greg Mitchell: What's Sadly Missing in Time's Controversial Afghan Cover
“I would still agree that it was a gross misallocation of resources to spend into the 11-digit range on invading Iraq, rather than putting billions into better vaccine technology (for pandemic flu, malaria, HIV, TB, etc), securing Soviet nukes, developing better sensors for ports, etc, but I wouldn't dismiss the threat entirely.”
Overblown: Pessimistic Bias Foiled Again, Bryan Caplan | EconLog | Library of Economics and Liberty
“Think about the collossal misallocation of resources this entails, if (as Bryan and many others suggest) education is mostly about signalling.”
Income Mobility, Arnold Kling | EconLog | Library of Economics and Liberty
“The misallocation occurs in the way prices for medical care are set arbitrarily.”
Primary Care Doctors vs. Specialists, Arnold Kling | EconLog | Library of Economics and Liberty
“Now if you want to say that in the * aggregate* all these subsidies amount to a great misallocation of resources that multiplies the cost of government as a whole to everybody's expense, you might well be right.”
Oil Import Tariff?, Arnold Kling | EconLog | Library of Economics and Liberty
“And it leads to a huge misallocation of resources.”
Oil Import Tariff?, Arnold Kling | EconLog | Library of Economics and Liberty
“Knowledge worker temporary misallocation errors are far cheaper to correct than capital factory building misallocations.”
Lessons of the Great Depression, Arnold Kling | EconLog | Library of Economics and Liberty
“Similarly, over-production misallocation of capital caused asset price/value decreases in 29.”
Lessons of the Great Depression, Arnold Kling | EconLog | Library of Economics and Liberty
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