News

Durable Goods Orders Surge 16.4% In May
Manufactured durable goods new orders rose to $343.59B in May, its highest level ever. This represents a 16.4% increase from ...
GE Appliances moves some production from China to Kentucky with $490M investment
GE Appliances has announced a nearly half-billion-dollar project that will create 800 jobs and shift production of clothes ...
Mises Institute3dOpinion
The Purpose of Production and the Economy: A Criticism of Pronatalist Economics
Mainstream economics is deterministic, holding that economic actors continue to move in one direction, not responding to ...
As Canada Day nears, consumers want Canadian goods — but costs are a concern
As Canada Day approaches, several new studies forecast that although Canadians are being careful about their spending, many ...
Lotus considering shifting UK production to US
Sportscar maker Lotus is considering ending production at its home in the UK in favour of setting up a new plant in the US, ...
Tax Guru2d
No corroborative evidence produced that proved receipt of paper invoice without movement of goods
CESTAT Kolkata held that recovery of cenvat credit alleging receipt of only paper invoice without actual receipt of inputs is not tenable due to incomplete investigation carried out on the part of the ...
Export thrust: India should move goods like a horse to trade like a tiger
India has taken big strides in its logistical infrastructure but must press ahead with reforms to meet its aspiration of ...
Investopedia3d
Producer Surplus: Definition, Formula, and Example - Investopedia
Producer surplus is good for the economy because it motivates producers to make and supply goods and services, since they can earn more than their production costs.
Meat producers warn internal trade bill could cause blowback with trade partners
The Canadian Meat Council is warning that the Liberal government’s legislation to ease the movement of goods and services within Canada could actually undermine red meat exports.