Artificially low interest rates adversely affect the structure of production and cause recession when interest rates rise and bubbles burst.
FORBES: The Federal Reserve's Flawed Approach To Monetary Policy
The source of malinvestment, according to the Austrian theory, is the systematic distortion of the structure of production that has its origins in government manipulation of the interest rate.
In order to eliminate the influence of various taxes and subsidies in different branches of the economy on the structure of production and generation of income, indicators by branches are valued at basic prices.
Digging below the surface of GDP reveals a structure of value-adding production far more complex than the simplistic analysis given by most media reports.
FORBES: Think Consumption Is The 'Engine' Of Our Economy? Think Again.
The Company also involves in industrial installation, steel structure, the production of concrete, building decoration, landscape construction, railway construction and electric power businesses, among others.
Still, due in part to the structure of the business, the torrid pace of natural gas production shows few signs of slowing.
The structure of industry in Japan has changed as Japanese companies have moved production to Europe, America and South-East Asia.
The company said the closure "reflected a recent decline in export volumes that, together with the size and configuration of the site, has resulted in a cost structure that is unsustainable for current production levels".
BBC: NEWS | UK | England | North Yorkshire | Terry's plans to close York site
When it comes to a cure, Miss Zuboff and Mr Maxmin see the answer partly in the structure of corporations, which they regard as too narcissistic, too stuck in old concepts of mass production, even too male-dominated (real men, it seems, won't let the customer come first).
Merck has invested hundreds of millions of dollars in using yeast for protein production, but Merck's yeast technology does not allow it to control the type of sugar structure on the protein.
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