Military leaders say greater stability in military spending would save money by preventing inefficient, stop-and-start production of weapons.

The small size of farms makes for inefficient production and contributes to a low standard of living.

Domestic energy resources were channeled towards inefficient production intended to be exported.

Laziness, self-aggrandizement or status-seeking will all lead to the inefficient production of public sector output.

This may also encourage the under-production (inefficient production) of the public good.

The era of import substitution ended in 1976, but the same time growing government spending, large wage increases and inefficient production created a chronic inflation that rose through the 1980s.

Growing government spending, large wage raises, and inefficient production created a chronic inflation that rose through the 1980s, when it briefly exceeded an annual rate of 1,000%.

"The consequences of achieving these other objectives have included high costs, long procurement times, inefficient production and restricted access to technology," the study said.

Putting moral or health reasons aside, this shift in habits has freed millions of tons of grain, which once went into inefficient production of red meat.

Nobody here is blindly defending inefficient European production or supporting a protectionist approach to this highly sensitive matter.