Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
What do you mean? "marking to second-hand market" the productive assets of a firm?

And, depreciation is an investment?

If you front-load depreciation, wouldn't that risk making firms balance-sheet insolvent?

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Migeru (migeru at eurotrib dot com) on Wed Jan 26th, 2011 at 09:40:08 AM EST
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