…in the value of the foreign assets would further increase the value of the external balance sheet. and help stabilize the economy. After the crisis, however, there was a change…

…value of their bonds will not be diluted by the junior bonds. The risk that it would be diluted by regular bonds issued above the stability and growth pact levels…

“Hurricane adjusting” initial claims has proven its value For the last month, I deduced a “hurricane adjusted” number for initial claims, which showed that the previous underlying positive trend was…

…tropical island. Right. In practice, you can also claim people’s labor. Cause they need money. A balance-sheet asset is a formalized, labeled numeric representation of the value of an ownership…

…value of equity is over $300 million below the book value. What happened was that the shipping companies invested heavily in ships during the commodity boom so much that there…

…value, but not necessarily public worth. The activities undertaken by buffer stock workers will have to be governed by exchange value rather than use value. This precludes public good functions…

…PE is now at 19.6, almost exactly where my model implies it should be. As the chart shows it is right in the middle of my estimated fair value band…

…the assets and liabilities based on their market value shows both falling, with the decline in asset values outweighing a fall in the value of liabilities. These drops are based…

…missing due to the “used” nature of the goods, their missing objective value (“one mans trash is another man’s treasure”), and the informal trade of “worthless” things among some very…

…Cato INstitute.  We’ll also discuss Sen. Ron Wyden’s proposal for a mark-to-market system of capital gains taxation (including a lookback charge of some kind for hard-to-value assets, Prof. (and former…