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misallocations

  • plural
    of misallocation.
    misallocation
    noun
    the act of improperly allocating something, such as funds, labor, or other resources.

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The Austrian School of economics, of which Mises is the modern father, called such misallocations “malinvestment and overconsumption.”

From BusinessWeek Nov. 11, 2011

Schumpeter’s fellow Austrian Ludwig von Mises noted that credit expansions and booms lead to misallocations of cash.

From BusinessWeek Nov. 11, 2011

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