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In other words, Bastiat does not merely look at the immediate but at the longer effects of breaking the window. Bastiat takes into account the consequences of breaking the window for society as a whole, rather than for just one group. [3] [4] Austrian theorists cite this fallacy, saying it is a common element of popular thinking.
Sustainable refurbishment describes working on existing buildings to improve their environmental performance using sustainable methods and materials. A refurbishment or retrofit is defined as: "any work to a building over and above maintenance to change its capacity, function or performance' in other words, any intervention to adjust, reuse, or upgrade a building to suit new conditions or ...
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Rehabilitation "emphasizes the retention and repair of historic materials, but more latitude is provided for replacement because it is assumed the property is more deteriorated prior to work. (Both Preservation and Rehabilitation standards focus attention on the preservation of those materials, features, finishes, spaces, and spatial ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
When and how to invest in your heating, ventilation and air conditioning system. The time to consider upgrades and repairs for your home s heating and cooling systems is before you need the ...
The soon-to-be first lady and former fashion model Melania Trump is no stranger to turning heads with her fashion choices.
Donald Trump said he'd launch the “largest deportation” in American history. To do it, he'll need to address a massive backlog in immigration court cases.
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