economics

The trends are faster in the case of weak commodity prices because the cycle will exhibit the same links, but in an accelerated manner. Producers, worried about covering their fixed costs, are incentivised to increase supply to try to get volume to overcome the price effect, further pressuring prices downward.

The theory I advance here is that

Winners: Both state-owned and private companies benefit, though in different ways—SOEs receive cheaper loans and more cash grants, while private firms enjoy larger tax breaks.

Companies that exploit our gameplaying compulsion will have an edge over those who don’t, so every company that wishes to compete must gamify in ever more addictive ways, even though in the long term this harms everyone. As such, gamification is not just a fad; it’s the fate of a digital capitalist society. Anything that can be turned into a game

Often, excessive deficits or surpluses reflect domestic distortions -for instance overly loose fiscal policy in deficit countries, or insufficient safety nets that cause excessive precautionary savings in surplus economies. Assessing excessive current accounts requires a comprehensive analysis of the fundamental determinants of national savings and

When the WPI is going up but the CPI is not, it means that the inflation faced by wholesalers is rising, but they’re unable to pass that inflation on to end consumers, possibly because the demand for their goods is weak.

The Populations of Bread & Rice

Since a person consumes about 2,000 kca per

The socialism of Diocletian was a war economy, made possible by fear of foreign attack. Other factors equal, internal liberty varies inversely as external danger.

Relative valuation can be done with less information and more quickly than intrinsic valuation and is more likely to reflect the market mood of the moment. Not surprisingly, most valuations that you see are relative.

there has usually been a fairly close correlation between bond prices and the AD line.