How does this subject apply to oops ? Well, measuring progress is similar to determining value.
Too, plenty have argued that 'mark to market' has exacerbated the downturn.
We'll get back to this problem as one thing to do will be to document the effects of the recent relaxation of the rule.
Remarks:
08/17/2009 -- As promised, FEDaerated is here.
07/30/2009 -- Well, all of the bailouts from Ben and friends plus account rule changes sort of motivates the need for an econoblog that looks at things like what is necessary to support savers, those perpetually sacked ones. Where does the money go? Indeed.
04/17/2009 -- Minsky and the facts of ephemeral value are a couple of topics on the list.
Modified 08/17/2009
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