Valuation theory has become so formalistic and abstract that it has become almost completely divorced from reality.

FORBES: What Gold Sees, and Ben Bernanke Does Not

Richard Wilson, the head of business policy at the Institute of Directors, worries that they will make management too formalistic, and points out that it always was in a firm's interest to keep its staff well-informed.

ECONOMIST: Worker relations

Superfluous, formalistic communication instantly makes us impatient.

FORBES: Nowtime Three