Cost of living

As the New Zealand dollar reached an all-time high against the British pound and keeps rising against the US dollar, the euro and other major currencies …

Milton Friedman once quipped that if you put the government in charge of the Sahara Desert, there would be a shortage of sand within five years.

No doubt the Australian economy has performed well in the past decades.

Thanks to the high dollar, Australians have become the world’s most savvy online bargain hunters.

Government influences price levels in more ways than is immediately apparent.

It was in a busy shopping street in the city centre of Lübeck where I spotted them.

Consumers have no right to demand a certain price.

What sounds like a paradoxical experience may not be so much of a paradox after all.