Tag: consumer spending

Global smartphone shipments growth slows in Q2 as tariff uncertainty weighs

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[ad_1] The growth of global smartphone shipments slowed in the second quarter as buyers, wary of U.S. tariff-driven economic uncertainty, curbed spending, especially on low-end devices, data from research firm International Data Corp showed on Monday. Shipments increased by 1% in the April-June quarter to 295.2 million units, according to the preliminary data, slower than […]

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Mill’s fourth proposition on capital

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[ad_1] Mill’s fourth proposition on capital states that “demand for commodities is not demand for labour.” It was stated by English political economist John Stuart Mill in his famous 1848 book The Principles of Political Economy as one of his four propositions on capital. Mill argued that, contrary to popular belief, labour and other factors […]

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