Sentences with phrase «economic truth»

It is the analyst's job to take these objective benchmarks and use them as tools to help him or her determine his or her version of what economic truth might be.

That skewed incentive can harm economic truth, and the company as well.

So, in one para, you are showing a lack of understanding of the basic science, a misunderstanding of our political system, insulting, not understanding a simple economic truth, personal attacks, and no sense of the history of ecological activism.

SZ: You are making no friends in the oil industry with your statements OE: Since I put this obvious economic truth to paper in a book I have been constantly receiving mail from oil companies.

The analyst, i.e., the user of GAAP, would understand that the most GAAP can give him, or her, are objective benchmarks which the analyst then uses as a tool to determine his, or her, version of economic truth and economic reality.

This approach is supposed to explain everything by means of a purely axiomatic process, as if this were THE Economic Truth.

I am simply telling you an economic truth here.

Only very rarely (e.g., the pricing of marketable securities by mutual funds) does GAAP reflect an economic truth or economic reality.

As Øystein Dahle, former Vice President of Exxon for Norway and the North Sea, has observed: «Socialism collapsed because it did not allow the market to tell the economic truth.

As Oystein Dahle, former Exxon vice president for Norway and the North Sea, observes,» Socialism collapsed because it did not allow prices to tell the economic truth.