economics
Imported tag from Readwise
economics
Imported tag from Readwise
Take Base Power Company. What’s the Why Now for Base?
There are many, and that’s the point.
Growing renewable generation and electrification of demand has destabilized the grid. Batteries have gotten much cheaper. Engineers have gotten better at distributed systems software. Consumer software keeps getting better. Digital customer acquisition is
... See more•When policymakers interfere with the capital cycle, the market-clearing process may be arrested. New technologies can also disrupt the normal operation of the capital cycle.
... See moreAs a measure of the industrial might of the United States in 1944 and 1945, the subsequent whirl of destruction told a better story than a thousand pages of statistics. If a plane needed minor repairs, it was pulled off the flight line and junked, and a shiny new replacement unit flew in to take its place. Hundreds of airplanes were flown into
The first and more notable one was the payroll data. Back on August 21st, the BLS revised job numbers downward by 818,000 or about 30% for the 12-month period from April 2023 through March 2024. This is the biggest downward revision since 2009. They still estimate that jobs were created, but 818,000 shy of the previously reported cumulative number
... See moreBut the purpose of investment today is to serve consumption tomorrow, and without a revival of consumption, the current surge in investment must itself be reversed. This suggests that overall growth in private-sector demand over the next few years is likely to be minimal.
Rice: The Other Staple
It didn’t take long for these methods of plant breeding to be applied to the other great stable of human diets: rice. Facing exploding populations in Asia in the early 1960s two American charities, namely the Ford and Rockefeller Foundations, formed a partnership called the International Rice Research Institute (IRRI) in the
... See more• Economy: We know that the amount of money relative to output (total goods and services) is reflected in inflation. This is ALWAYS a relative relationship. There are no true price controls in any system, only a transfer of risk reflected in capital flows.
• Financial markets: We know that in modern financial markets with central banks and
... See moredollar; it is itself one of the consequences of the fear that the value of the dollar is going to fall (or, to put it the other way round, of the belief that the price of goods is going to rise).
when analyzing the prospects of both value and growth stocks, it is necessary to take into account asset growth, at both the company and the sectoral level.