Non-residential fixed investment decelerated from a 10.5% rate of advance in 2011 to 7.5% in the first quarter and 3.6% in the second quarter.

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Moreover, during the three months ending January, the rate of advance in the producer price indices for intermediate products, and finished goods have all accelerated into double digit annual rates of advance.

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This glacial rate of advance might give us time to settle some of the arguments that have begun to brew over the limits of driver-assist technologies -- the point at which the car, having sniffed out a veritable wealth of information about the world around it, switches (perhaps unbidden) to autopilot.

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No moneylender in his right mind would, at any rate of interest, advance a sufficient sum to buy the necessary items for each daughter: beds, a dresser, trunks, electric fans, dishes, six suits of clothes for the groom, six for the bride, perhaps a television, and on and on and on.

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Unlike a wholesale interest rate increase, borrowers would be charged the penalty rate only on new purchases after the rate is changed, and a customer will receive 45 days advance notice of any penalty rate being placed on their account.

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Of course, the Dow advance comes to an annual compounded growth rate of about 6%, but by avoiding disastrous mistakes similar to those we made in this century, we could do even better in the next.

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Once again, we have no way of knowing how far in advance you requested the rate, or if it was even the convention hotel.

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The late 20th century has brought remarkable advance: the United Nations reckons that between 1980 and 1995 the worldwide rate of illiteracy among people aged over 15 fell from 31% to 23%.

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