One version of this argument is presented by Hayek in his book Prices and Production.
Check out the relationship between prices and production in the accompanying chart.
As the economy will really only begin to recover from 2001, in line with increasing oil prices and production improvements, the next two years will be crucial.
Restrictions on prices and production, perverse monetary, fiscal and trade policies, disincentives to foreign investment, and bloated public sectors prevented Third World peoples from advancing their lives.
FORBES: Shut Down The World Bank: Jim Yong Kim Should Be Its Last President
A. Hayek, towards the end of his masterful, but under-appreciated Prices and Production ( free copy here), suggests that the various differentials between different kinds of interest rates could be an extremely useful forecasting tool for businesses.
FORBES: Interest Rates For Dummies: Solving The Interest-Rate Puzzle
Company profit was lower, despite higher revenues and production, down 6% due to lower metal prices and higher production costs.
FORBES: Third-Quarter Results In Line With Expectations: Yamana CEO
We expect strong results on account of high commodity prices and stable production during the period.
This all means that an undervalued Yuan makes input prices (and production costs) higher than they otherwise would be.
FORBES: Foreign 'Currency Manipulation' Does Not Warrant Washington's Attention
Under that system, state-sponsored industry cartels programmed every aspect of economic life, from wages and working conditions to prices, production levels and product specifications.
That and other factors may help explain why there is a seeming disconnect between commodity prices and many industrial production statistics, on the one hand, and the numbers for the growth of the economy as a whole on the other.
The divergence between WTI prices in the Midcontinent and waterborne crude prices reflects a surge of production in Canada and North Dakota.
Apart from a slowing growth rate, rising prices and sluggish industrial production have also been a source of concern for the government.
With oil prices rising and offshore production looking unattractive, we turn our attention to the great frozen north where water is sparse and oil sand abounds.
The ethanol industry recently produced roughly 35 million metric tons of DDG a year, though the current Midwest drought is driving up corn prices and cutting ethanol production.
When sugar prices increase, so does next year's crop, leading to over-supply, and lower prices, a fall in production, and so on.
Brussels claimed its sugar policy was legal and warned that if Brazil chooses to boost sugar production and prices fall, this could, in turn, harm poorer developing countries, particularly in Africa and the Caribbean.
The week ends with consumer prices, industrial production and consumer sentiment numbers, all on Friday.
Device sales were down due to lower selling prices and issues with scaling production, the company reported.
FORBES: Sex Sells: 50 Shades Of Grey Boosts Barnes & Noble Results
The economic calendar gets busier on Thursday with jobless claims, producer prices, industrial production and the Philadelphia Fed Survey.
Beijing University economist Xiao Zuoji blames China's inflation on past controls that kept prices artificially low and discouraged production.
The ITA says the tea industry in Bengal - and also in Assam - is in crisis, with falling demand for Indian teas across the world, falling auction prices for teas and rising production costs.
As this way of life naturally dies out and Japanese consumers demand foreign rice after the Fukushima nuclear disaster, Mr. Abe has an opportunity to overcome the farmers' political lock on his Liberal Democratic Party and clear away the tariffs, subsidies and regulations preventing more competition in food production and lower prices for consumers.
When fuel prices rise, the cost production and transportation rise, putting upward pressure on the prices of other commodities.
FORBES: Production Of Iron Ore, Copper, Coal Falling, Is Goldman Sachs Wrong?
Isn't that going to result in lower domestic oil and gas production, and thus higher prices?
They have been the largest driller for years, and they have a very explicit strategy in terms of rig deployment, production, and prices.
FORBES: Driven by Oil Shale Economics, Natural Gas Prices Primed for Slow and Steady Rise
And if you don't have good production, and low prices, there is no profit.
Japanese cardboard-makers are reluctant to match these prices and have opted to lower production instead.
As oil production and prices heated up, demand for compressors and turbines jumped.
Encore noted that production and prices were up and expenses were in line.
应用推荐