Economists use the term "human capital," but nowhere in accounting principles are people counted as an asset -- only as an expense.
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Here's an item from the "stories buried by the onslaught of election news" department: Big Four accounting firm Deloitte & Touche sued Thomas P. Flanagan, a partner for 30 years, in Delaware court last week.
These economic notes are consistent with the conviction that Barack should steer clear of advisers who were taken in by, or complicit in, the rape of regulation of the last decade.
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