It has plenty of suitable and empty land, as well as a large local market, which has made it the world's fifth-largest producer and seventh-largest consumer of wine.

ECONOMIST: Use your brains

Therefore, a rational policy must be based on appropriate trade-offs between consumer and producer interests.

FORBES: In response to Ian Fletcher

Some day China may overtake Taiwan as a producer of semiconductors, but for now it remains a high-volume, low-end producer of cheap consumer goods.

FORBES: Magazine Article

Those various components are weighted broadly in line with the structure of the economy, so that changes in consumer and producer prices account for about four-fifths of the total index, property about 15% and share prices 5%.

ECONOMIST: Should central banks try to target asset-price inflation?

It remains largely producer-driven: unaccountable doctors, minimal consumer choice and patients following money rather than the other way round.

ECONOMIST: In sickness and in health

The producer price index, coming before the more closely-watched consumer price index reading due Friday, showed an expected leap in prices among manufacturers of goods in the U.S. due most heavily to high energy prices, according to the Department of Labor.

FORBES: March PPI Eases, But Higher Than Expected In Core Items

Mrs Beckett, for example, will have her work cut out stamping out the old producer-orientated mentality of the farming bureaucrats in order to put consumer interests to the fore.

ECONOMIST: All change. But to what end?

Before going public in 2014 Cheil merged with the Lee family's de facto holding company, Samsung Everland, and another affiliate, Samsung SDI, to create a leading producer of energy-storage solutions, including batteries for autos and consumer electronics, as well as specialty materials used in the manufacture of TVs, semiconductors and smartphones.

FORBES: #14 Lee Seo-Hyun

The loss economists loath from monopolies results from supra-competitive pricing, which transfers some of the economic value of a product from the consumer to the producer.

FORBES: Off With Their Heads! The Fantasy Google Monopoly