Gary Wolfram on Mark-to-Market Accounting
by Rossputin | 2:05 am, March 16, 2009 | Comments Off
Gary Wolfram, a professor at Hillsdale College, has written another very good article about why mark-to-market accounting rules should be suspended and how they are making our nation’s financial situation worse.
It may seem like an arcane discussion, but for anyone who’s paying close attention to the intersection of politics and economics these days, it’s very important.
See “Accounting Rules at Heart of Bank Crisis”, Gary Wolfram, Human Events, 3/13/09
http://www.humanevents.com/article.php?id=31049
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