>In message <p05010404b6f0ceb8931e@[166.84.250.86]>, Doug Henwood
><dhenwood at panix.com> writes
>>And if you can measure that, you deserve a Nobel.
>
>who needs to measure it, when the market does it for us?
Very unstably. Would you use the stock market to value underlying real capital? Used equipment prices? The computer I'm typing on is a bit over 2 years old and works quite well, but its market value is close to 0. What's it worth?
Doug