Definition of "rigidities" [rigidities]

• Plural form of rigidity. (noun)

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