For the last decade, the new bottom line for the corporation has been to increase the stock price in as short a time as possible. It is the measure, the countermeasure, the golden rule, and the ruthless rod by which a corporation will thrive or die. Image, marketability, and great ...
To calculate their value, an interest rate is needed, which, according to Hicks, determines the price of the surplus value of products over inputs (Hicks 1946, pp. 214–215). Böhm-Bawerk sought a measure of the capital intensity of the whole economy (Knight 1934, Kaldor 1938) and he...
The “Dow composite,” which Dow Jones began publishing in 1934, is simply a price-weighted average of 65 stocks (the 30 industrial, 20 transportation, and 15 utility companies). The composite average is designed to offer a broader stock market snapshot than the three component averages. Ho...