UK economic growth, January 2024
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped more than expected. The headline figure was in line with the forecast from economists polled by Reuters. It follows a 0.1% contraction in December, while the U.K. economy entered a shallow recession in the […]
Market Talk – March 12, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 22.98 points or -0.06% to 38,797.51 Shanghai decreased 12.52 points or -0.41% to 3,055.93 Hang Seng increased 505.93 points or 3.05% to 17,093.50 ASX 200 increased 8.30 points or 0.11% to 7,712.50 Kospi increased 21.97 points or 0.83% to 2,681.81 […]
AIER’s Everyday Price Index Spikes 0.73 Percent
In February 2024, the AIER Everyday Price Index (EPI) rose 0.73 percent to 286.9. This rise was the largest percentage increase in the index since August 2023 and the eighth largest going back to January 2022 (26 months). AIER Everyday Price Index vs. US Consumer Price Index (NSA, 1987 = 100) (Source: Bloomberg Finance, LP) […]
From the Third Millennium, A Tale for Libertarians
In 3024, the world was divided into many different societies. Most of them had a minimal state inspired by the ideas of 20th-century economists and political philosophers, notably Anthony de Jasay’s “capitalist state.” The mission of such a state was to ensure that it would not be replaced by a state intent on “governing,” (that […]
