…a big profit center in New York. Many buildings in crime ridden neighborhoods were grossly over-insured, so, in case of fire, the owners received much more than the value of…

…current market value — called fire-sale prices by Ben Bernanke — and thus recapitalize the financial system. They hope the market value will rise above what they pay, but that…

…this short term thing where short term orientation in which trading pieces of paper is regarded as a social value. It is not a social value. Go listen to it….

…percentage of payroll or percentage of GDP. In 2003 the Reports introduced new measures of solvency which expressed the gap between income and cost in Present Value dollars over the…

…shift to higher value crops to recover the new water costs so the value of California agriculture will increase sharply. Everybody wins. David asks: Although I didn’t write this, I…

…future beneficiaries, project) how their total taxes will compare to their total benefits. If we discount all these values to 2008, add them up and then subtract the current value…

…value the longer one stays. Then again, the value of stability is not minor, and probably compensates for the minor decline in the interest deduction. Planning to live in Harlem?…

…pursue wealth for it’s own sake. Wealth confers power beyond its consumption value.74 This power is economic, social, and political. The economic power of the rich derives primarily from their…

…minutes, or about 83 hours, which is valued at roughly $1200, per year. Depending on the discount rate, that dollar amount has a present discounted value of roughly $10,000 to…

…by the borrower, and then if the house either becomes unprofitable due to damage/repair considerations or simple loss of value, the bank abandons the property as a write-off. (In some…