производство

(Click on the infographic for a larger size) Source: NSI Comment The latest NSI data show that industrial production fell for the fourth consecutive month in September by 0.14% year-on-year. It is noticeable that the decline is slowing, so we may see some growth in October, but we doubt that this …

(Click on the infographic for a larger size) Source: NSI Comment New NSI data show that industrial production fell for the third consecutive month in August by 1.33% year-on-year, compared to 1.03% in July. All major subsectors – mining, manufacturing and energy – reported a decline in August. More importantly …

(Click on the infographic for a larger size) Data source: NSI Commentary The latest NSI data show a significant slowdown in the industrial sector growth in May, due mainly to weakness in the manufacturing industry and sales on the domestic market. The decline in energy production may be due to the more favorable …

Author: Steven Horwitz, FEE.org Even the smartest economists can make the simplest mistake. Two contemporary books – “Violence and Social Order” by Douglas North, Barry Weigast, and John Joseph Wallis (not to be confused with John Wallis, a 17th-century mathematician) and “Why Nations Fail” by Daron Acemoglu and …