[OPE-L:1999] Re: depreciation, profits, and subjectivity

Michael Perelman (michael@ecst.csuchico.edu)
Sat, 27 Apr 1996 09:14:54 -0700

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>
> Chai-on:
> --------
> Neither subjectively nor by the market, the valuation of capital is carried
> out. But it is capable of being executed at any time, and there is a
> certain objective rule and method in accountancy. Accountants make such
> valuations with pleasure at any time. There are some laws and orders about
> it.
>
> Am I obtrusive?
>
> Chai-on
>
You are correct. A good number of our posts suggest that we can deduce an
algebraic formula for values. I consider that approach to lead us to a dead
end.

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929


Tel. 916-898-5321
E-Mail michael@ecst.csuchico.edu