Understanding Flow of Costs in Manufacturing: Methods and Examples

Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.
International Monetary Fund

World Economic Outlook Database

The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and ...
IEEE

Midpoint Voltage of Bridge Arm Based Fault Diagnosis Method of Inverter and Phase Winding for DSEM

Abstract: In the motor drive system, there are the same fault characteristics for the open circuit (OC) fault of phase winding (OCFOPW) and the two OC fault types of power switch (OCFTOPS). However, ...
Lifehacker

Use the '2357' Method to Remember What You Study

Did you know you can customize Google to filter out garbage? Take these steps for better search results, including adding Lifehacker as a preferred source for tech news. Many established study methods ...
CNN

Nobel Prize in economics awarded to Mokyr, Aghion and Howitt for explaining ‘innovation-driven’ growth

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ...
The Atlantic

The Era of Step-on-a-Rake Capitalism

Is Donald Trump a staunch capitalist, a secret socialist, a blend of the two, or none of the above? Depending on the day, it’s hard to tell. Some of his initiatives are pure Ronald Reagan, such as his ...
autoweek

F1 Season at Midpoint: What's Gone Right (and Wrong) for Each Formula 1 Team So Far

Formula 1 has had 12 of its 24 grands prix this year, which makes the elongated break between events in Britain and Belgum the halfway mark of a lengthy season. McLaren didn’t rest on its laurels with ...
Mises Institute

The Young Rothbard: An Uncomfortable Neoclassical Economist

In my remarks this evening, I would like to set the stage for the Rothbard Graduate Seminar by addressing a pernicious and deeply entrenched myth about Murray Rothbard and Man, Economy, and State: ...
Newsweek

Thailand Plots Huge Economic Success With $1.2 Billion Bangkok F1 Race

The Thai government has officially sanctioned a budget of $1.2 billion to host a Grand Prix in the capital city of Bangkok. With several Grand Prix venues reporting a significant economic impact ...
Wall Street Journal

Economists Raise Questions About Quality of U.S. Inflation Data

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey. The ...
Mises Institute

The Method Behind Real Economic Thinking

Dr. Jonathan Newman returns to the Human Action Podcast to discuss the relaunch of the Mises Academy—including his new course based on Bob’s Lessons for the Young Economist textbook. But this ...